This major change, happening from November 1, will have a direct impact on pockets during the festive season.

New Rules from 1st November 2023: There is less time left until the end of October. In this situation, many rules will change from November 1, which will have a direct impact on your family budget. LPG prices are fixed on the first of every month. Commercial and domestic cylinder prices are fixed on 1st of every month. Besides, there will be changes in e-invoice and import rules of some products. Let’s know about these rules that will change from November 1.

LPG price

LPG LPG cylinder, CNG and PNG prices are fixed on 1st of every month. New prices are announced on the first of every month. If the demand increases during this period, the price of commercial cylinders may increase ahead of the festival. It is also possible that the government may not change the price.

According to the NIC, businesses with a turnover of Rs 100 crore or more will have to upload GST challans on the e-challan portal within 30 days from November 1. This decision was taken by the GST authorities in September.

Import deadline

The government has given a discount on the import of many electronic products including laptops, tablets, personal computers of HSN 8741 category till October 30. It is not yet known what will happen from November 1. The government has not made any announcement in this regard.

Activate the closed LIC policy

If any of your LIC policies are closed then start by 31st October. You can resume it without any hassle till 31st October.

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