New rules apply from May 1, from GST to Mutual Funds- Watch Video

Let us inform you that May 1 directly affects both your life and your money. Since many banks have announced that they will begin new service fees in May, the price of LPG petrol, which is crucial to everyone's daily existence, will also change on that date. It has been reported that the cost of home cylinders would decrease this time. because the cost of crude oil is constantly going down. Additionally, in the month of April, the cost of commercial cylinders was raised.

Changes in Mutual funds and GST 

According to media reports, in the beginning of May, you will see many changes in GST, Mutual Funds. For example, from May 1, mutual funds will not start without e-KYC. At the same time, in the GST counselling meeting, there is talk of increasing the tax on some items. Although on whom how much will increase or decrease, its official announcement has not been made yet. Let us tell you that till now no such limit was fixed for the date of generation and uploading of GST invoices. But now the turnover companies above 100 crores will have to submit receipt of transaction details every week.