AC bus travel expensive news
– Photo: Amar Ujala
There are going to be changes in many things related to the common man from April 1st. AC bus fares will now become costlier by 10 percent. There are also going to be many important changes in tax rules. Apart from this, toll tax will also increase.
The special discount given by the Transport Corporation in winter ended on 31 March. AC bus fares will increase by 10 percent from April 1. For the first time, special discount was given in bus fares from 16 December 2023 to 29 February 2024. In this, the fare of AC buses was reduced by 10 percent. To provide relief to passengers on Holi, its deadline was extended to March 31.
toll tax will increase
Traveling on national highways is going to become expensive from April 1, 2024. Now, when passing through the toll plaza, you will have to pay more toll tax than before. Tax will be collected on the plaza at an increased rate. Toll tax has been increased by 2.6 percent in the state. There has been an increase of Rs 5 to 20 at most toll plazas.
Relief from EPFO
The rules related to Employees Provident Fund Organization i.e. EPFO are also going to change from April 1, 2024. This is going to provide a lot of relief to EPFO customers. If you are changing job after April 1, you will not need to manually transfer your old PF balance to the new account.
Now the old PF balance will automatically be linked to the new account. At present, despite having a UAN number, the customer had to make a separate request to transfer the balance of the PF account.
New tax regime implemented
If till now you have been paying income tax as per the old tax regime, then you should keep in mind that now the new tax regime has been defaulted. In such a situation, you will have to choose your tax regime after April 1 every year, otherwise it will automatically change to the new tax regime.
Changes in National Payment System
There will be changes in the rules related to the National Payment System in the new financial year. Two factor authentication will be required to login to NPS account from April 1.
Reward points will not be issued on credit card
There will be a lot of changes in the rules related to credit cards from April 1, 2024. Reward points will no longer be issued on payment of fare through credit card in State Bank of India. This rule may also be applicable on credit cards of many other banks from April 15, 2024.
No interest rebate will be available on outstanding property tax
There will be no exemption in outstanding property tax of Municipal Corporation from April 1. According to Municipal Commissioner Gaurav Singh Sogarwal, those who do not deposit the dues will also have to pay simple interest at the rate of 12 percent per annum from April 1. He said that for the convenience of the people, this relaxation was given till December in the financial year 2023-24.
Considering the demand, this period was extended to March 31, 2024, but now this relaxation will not be given from April 1. According to the corporation administration, the Municipal Corporation has received more than Rs 37 crore from property tax in the current financial year 2023-24, which is about Rs 11 crore more than the previous financial year. Last year Rs 27 crore were received.
