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News India Live, Digital Desk: Big Alert Related to Your Pocket: The first date of every month brings with it some new changes. This time, from July 1, 2024, some similar rules are changing, which will directly affect your pocket and your everyday tasks. It is better that you know about these changes in advance so that you do not have any problem.

Come, let us understand in easy language what is going to change.

1. Aadhaar-Pain Linking Last Defense
This is the most important work. If you have not yet linked your PAN card to Aadhaar card, then 30 June 2024 Till this work must be handled. If you do not do so from 1 July A fine of ₹ 1000 So you have to give, as well as your PAN card will also become inactive. This means that you will not be able to do any big job related to bank or investment.

2. KYC is required for those with demat accounts
If you invest in the stock market, this news is for you. Also the last date to complete KYC of your demat account 30 June Is. If you did not do this, your demat account will be freeze from July 1, and you will not be able to buy or sell any stock.

3. Credit/Debit Card New Rule of Auto-payment
Note if you have set an auto-payment for your credit or debit card with Netflix, Amazon Prime, Spotify or any other app. The new RBI rule is being implemented from 1 July. Now before any auto-payment, the bank will send you an SMS or email 24 hours before. The payment will be deducted only when you approve it. This has been done to protect you from fraud.

4. New tax on crypto currency (TDS)
If you deal in a crypto currency (such as bitcoin), now you have to pay 1% TDS on every transaction. That is, whenever you sell crypto or transfer to someone, 1% tax will be deducted. This rule is coming into effect from 1 July.

5. Buying AC can be expensive
Your AC relieving heat can now be a little more expensive. The government has further tightened the energy rating rules for AC. From July 1, companies will have to use better technology to create a 5-star rating AC, which can increase their costs. It can also affect your pocket.

Keeping these rules in mind, do your important work on time so that you can avoid any penalty or trouble.

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