Rule Change: August is going to end in a few days. In this scenario, the upcoming month brings about numerous significant shifts that directly impact the financial well-being of the general public.
Some important changes are going to happen starting September 1, which will affect your pocket. These changes include the addition of LPG gas cylinders to the dearness allowance.
If the news is accurate, government employees may be subject to special adjustments. So let us know what changes are going to happen in the month of September and what will be the effect on the pockets of the people?
Will there be a change in the price of LPG cylinder?
The government frequently adjusts the price of LPG on the first day of each month. Either the price of gas cylinders increases, or the price of gas decreases. Prices for both commercial and LPG cylinders fluctuate on the first day of each month.
In such a situation, this time also there is a possibility of change in the price of LPG cylinder. Last month, the price of commercial LPG gas cylinders increased by Rs 8.50. Now, it is difficult to predict whether the gas cylinder will be expensive or cheap next month.
Credit card related rules
According to reports, HDFC Bank will set a monthly reward point limit of 2,000 for utility transactions starting on September 1. HDFC Bank will not give any reward for making educational payments through third party apps.
The minimum amount payable on the IDFC First Bank credit card will decrease from September 2024. From September 1, 2024, customers using RuPay credit card for payment on UPI and other platforms will get the same reward points as those using credit cards of other payment service providers.
Dearness allowance
In September, good news may come out for Central Government government employees. There is a possibility that the government will increase the dearness allowance for employees by 3 percent. Currently, government employees receive a Dearness Allowance (DA) of 50%, which will increase to 53 percent after the 3 percent increase.