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Enterprise information: Some main adjustments are set to return into impact beginning March 1, 2024, which might be more likely to have an effect on the day by day operations of the folks. March will even have two lengthy weekends, presenting a chance for the travellers to hit the highway 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 time limit for monetary 12 months 2023-24.
Let’s check out key adjustments 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 achieved 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 guaranteeing “One Automobile, 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 providers 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 could nonetheless 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 data concerning the identical have already been communicated to the customers prematurely.
Geo-tagging of MCD property
Beginning March 1, 2024, homeowners 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 by way of the MCD Unified Cellular 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 mentioned dates above.
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