EPFO: From June 1, 2023, many rules are going to change in the country. It can also affect people’s pockets. These include rules ranging from EPFO, gold to electric vehicles. Let us know about them that what changes are going to happen from June 1, 2023.
Electric Two Wheeler: With 12 midnight on 31 May 2023, ie from 1 June 2023, many rules are going to change in the country. Many of these rules are going to have a great impact on the people. Also, it can have an effect on people’s pockets. These include rules ranging from EPFO, gold to electric vehicles. Let us know about them that what changes are going to happen from June 1, 2023.
Electric two wheeler
Electric two-wheeler prices will see an increase from June 1, 2023, as the government has reduced the subsidy provided under the FAME-II (Faster Adoption of Manufacturing of Electric Vehicles in India) scheme, which is effective from June 1. Applicable on electric two-wheelers registered on or after 2023. As per the changes, the demand incentive for electric two-wheelers will be Rs 10,000 per kWh. The range of incentives for electric two-wheelers will be 15 percent from 40 percent of the ex-factory price of the vehicles at present.
EPFO rules
There will be a change in the rules of EPFO from June 1. Now it will be necessary to link PF account with Aadhaar.
Gold hallmarking
The new rules related to hallmarking of gold will also come into effect from June 1. Now there will be a lot of need for gold hallmarking to buy and sell gold. Can’t buy gold without it.
Check payment method
From June 1, the method of check payment will change from Bank of Baroda. Under the new rules, if the amount entered in the check is more, then the bank will have to be informed about it first.
Gas cylinder, CNG and PNG prices
Changes in the prices of gas cylinders, CNG and PNG can also be seen in the beginning of the new month itself.
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