Enterprise information: Some main modifications are set to come back into impact beginning March 1, 2024, which might be prone to have an effect on the every day operations of the individuals. March may even have two lengthy weekends, presenting a possibility for the travellers to hit the street on journeys, thus offering a cue for FASTag replace. There are a number of financial institution holidays in March, moreover inventory market holidays. March 31 would mark the cut-off date for monetary yr 2023-24.
Let’s check out key modifications going down from March 1, 2024
GST rule change
These companies whose turnover surpasses Rs 5 crore mark must embody e-invoice particulars for all business-to-business transactions, beginning March 1.
FASTag deactivation
Such FASTags whose KYC has not been accomplished till February 1, 2024, can be deactivated beginning March 1. The deadline was earlier prolonged by NHAI from January 31, 2024, as a part of a transfer making certain “One Car, One Fastag”.
Paytm Funds Financial institution final date
The Reserve Financial institution of India had prolonged the deadline for Paytm Funds Financial institution and its operational ban on its companies to March 15, 2024. As soon as the deadline is over, the Paytm Funds Financial institution customers won’t be able so as to add cash or make a transaction utilizing the Paytm pockets. The customers might nevertheless nonetheless be allowed to withdraw their current cash.
SBI bank card invoice calculation
The SBI bank card is altering its rule for minimal day invoice calculation beginning March 15, based on the corporate’s web site. The knowledge relating to the identical have already been communicated to the customers upfront.
Geo-tagging of MCD property
Beginning March 1, 2024, house owners of properties can be unable to avail of a ten per cent low cost on property tax within the nationwide capital if they don’t geo-tag their properties through the MCD Unified Cell App.
Financial institution holidays in March
Banks can be shut on 14 days in March, together with March 8 (Mahashivratri), March 25 (Holi), and March 29 (Good Friday).
Inventory Market Holidays
Inventory markets can be closed on the three stated dates above.
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