Changes from 1st September: Some important changes are going to come into effect from September 1 in the country. They are related from everyday life to finance. These changes include the fourth step of removing lockdown i.e. Unlock 4 rules. Apart from this, the government announced some new provisions in the month of August, which are going to be implemented from September 1. Let’s know what is going to change from next month…
LPG cylinder price changes
On the first date of every month, the price of LPG cylinder changes. On August 1, the price of LPG had changed only in Kolkata and it increased to Rs 621 for non-subsidized LPG LPG cylinders. At the same time, the price of 14 kg LPG cylinder was stable at Rs 594 in Mumbai, Rs 594 in Mumbai and Rs 610.50 in Chennai.
Air travel will be expensive
The Ministry of Civil Aviation has decided to levy more aviation security fee (ASF) from domestic and international aircraft passengers from 1 September. This will make air travel more expensive. From next month, domestic air passengers will have to pay Rs 160 instead of Rs 150 as ASF. At the same time, international travellers will have to pay $ 5.2 as ASF from September 4. Instead of $ 4.85. The airlines collect the ASF at the time of booking of the ticket and submit it to the government. This amount is used on the security arrangements of airports across the country.
Unlock 4 is going to start in the country from 1 September. Guidelines are yet to be released by the Ministry of Home Affairs on what will be opened in Unlock 4 and what is not. On the basis of that, state governments will also issue guidelines on their own. Although it is possible that the service of Delhi Metro will be restarted in Unlock 4. Metro services in the country have been closed since the lockdown was implemented in March. However, schools and colleges will not be opened in Delhi yet.
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Delay in GST payment, then interest on total liability
The government has said that in the event of delay in payment of Goods and Services Tax (GST), interest will be levied on the total tax liability from September 1. Earlier this year, the industry had raised concerns over the directive of recovery of outstanding interest of about Rs 46,000 crore on delay in GST payment. Interest was charged on total liability.
No benefit of loan moratorium
The loan moratorium announced by RBI is going to end on August 31. The loan moratorium was announced by the RBI to provide relief to borrowers from lack of money in the lockdown. Earlier it was for three months but later it was extended for another three months. That is, now the 6-month loan mo rhetorium relief is ending on 31 August.