Modi government's big gift to the citizens, from today, these 5 things will be cheaper
Zee News April 1st 2018 09:35
Financial year 2018-19 is starting on 1st April ie today. The new year is coming with new appreciations.
Zee News April 1st 2018 09:35
Financial year 2018-19 is starting on 1st April ie today. The new year is coming with new appreciations.
New Delhi: Fiscal year 2018-19 is starting on 1st April. The new year is coming with new appreciations. Sometimes things are expensive and sometimes things get cheaper. If you are sleeping, you get relief from the common man. From today, some things are getting cheaper, which will give great benefit to the public. So, there are five things that are getting cheaper.
On April 1, it means that there will be no impact on everyone today whether there is a bank or a train or a carriage vehicle. What are the benefits of knowing the people?
1. Rail ticket will be cheaper. The government reduced the service tax on online ticket booking in this year's budget. Booking e-tickets will be cheaper by reducing service tax.
2. SBI's minimum balance charge will be relaxed from 1st April. If you are the customer of the Indian State Bank, you will get relief from the charge that was not charged for Minimum Balance Maintenance from today. It was here that SBI announced reduction of minimum balance charges by 75 percent.
3. The Reserve Bank of India has taken a clue to link base rate MDLR. This new arrangement will also apply on 1st April. Customers who take loan on MCLR will get the benefit of cutting costs. Which means that if the interest rates fall then you will get the benefit of it.
4. Third party motor insurance premium will be available from 1st April. Insurance Regulatory Insurance and Insurance Regulatory Authority (IRDAI) have reduced the rate of third-party motor insurance premiums. The authority has reduced rates by 10 to 25 percent.
5. The post office payment bank will also start in the same financial year. This gift will prove to be the most beneficial for people living in far-off areas. Here you will find many facilities, including bank, including ATM and demand draft.
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On April 1, it means that there will be no impact on everyone today whether there is a bank or a train or a carriage vehicle. What are the benefits of knowing the people?
1. Rail ticket will be cheaper. The government reduced the service tax on online ticket booking in this year's budget. Booking e-tickets will be cheaper by reducing service tax.
2. SBI's minimum balance charge will be relaxed from 1st April. If you are the customer of the Indian State Bank, you will get relief from the charge that was not charged for Minimum Balance Maintenance from today. It was here that SBI announced reduction of minimum balance charges by 75 percent.
3. The Reserve Bank of India has taken a clue to link base rate MDLR. This new arrangement will also apply on 1st April. Customers who take loan on MCLR will get the benefit of cutting costs. Which means that if the interest rates fall then you will get the benefit of it.
4. Third party motor insurance premium will be available from 1st April. Insurance Regulatory Insurance and Insurance Regulatory Authority (IRDAI) have reduced the rate of third-party motor insurance premiums. The authority has reduced rates by 10 to 25 percent.
5. The post office payment bank will also start in the same financial year. This gift will prove to be the most beneficial for people living in far-off areas. Here you will find many facilities, including bank, including ATM and demand draft.
Read the original source
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