The first day of every month marks changes to a lot of financial regulations. In June 2024, a lot of financial regulations will also change. The public is directly impacted by these regulations. We would like to inform you that the cost of an LPG cylinder is revised on the first of each month.
May is concluding, and June will officially begin in a few days. Every month on the first comes with a lot of financial regulations changes. June will also see changes to the financial regulations.
New Rule from 1st June 2024
Bank Holiday
The Reserve Bank of India (RBI) has announced the Bank Holiday List, which indicates that banks will be closed for ten days in June. This covers the holidays on Sunday, the second, and the fourth Saturday. Due to additional holidays like Raja Sankranti and Eid-ul-Adha in June, banks will stay closed. Even in a situation like this, be sure to visit the bank after checking the holiday list.
Modifications To The Traffic Laws
The first of June will see modifications to the traffic laws. We would like to inform you that as of next month, the New Driving License Rules (2024) will be introduced. A significant fee will be imposed on the person who disobeys these regulations.
The new regulation states that an individual may be fined between Rs. 1000 and Rs. 2000 for speed. In addition, driving without a license will result in a 500 rupee punishment. In addition, the driver faces a punishment of Rs 100 for driving a vehicle without a seat belt or helmet.
Cost Of An LPG Cylinder
Monthly LPG Cylinder Prices are updated by oil marketing firms on the first of each month. The oil industry lowered the cost of commercial cylinders in May. On June 1, 2024, the costs of commercial and residential cylinders will be revised.
Updates For Aadhar Cards
The deadline for upgrading an Aadhaar card for free has been extended by UIDAI to June 14. Owners of Aadhaar cards can quickly update their cards online. However, there will be a fee of Rs 50 for each update if you update offline, that is, by visiting the Aadhaar centre.
Driving A Car Will Result In A Rs 25,000 Punishment For Minors.
In India, the legal age to drive is eighteen. A minor who drives a car while under the age of eighteen will face severe penalties. A youngster faces a punishment of up to Rs 25,000 if they are caught driving. In addition, the youngster won’t be able to get a driver’s license until they are 25 years old.
