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New financial and other regulations effective from 1st April
Posted on: 28/Mar/2017 11:16:12 AM
The new financial year (2017-18) is set to start from 1st April 2017. Various new regulations on the financial and other fronts will be effective from 1st April:
- The central government had reduced the limit of cash transactions to Rs. 2 Lakhs.
- SBI, HDFC, ICICI, and Axis banks will charge a penalty for failure to keep the minimum balance in the savings account.
- For the passengers who book train ticket online and accept the Vikas scheme, those in the waiting list can avail the travel in the next scheduled premier train on the same route.
- Vehicle pollution: The vehicles must follow the regulations of PS4 to keep the emission from the vehicle under check.
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