These changes might impact you from February 1:Rules changed for LPG, Banking, Trains and others

February 1,2021 has become a notable date because dramatic changes will be made on the day.Changes will be seen in rules of LPG, banking, travelling by train or airplane etc.

These changes might impact you from February 1:Rules changed for LPG, Banking, Trains and others

Changes from February 1: February 1,2021 has become a notable date because dramatic changes will be made on the day.Changes will be seen in rules of LPG, banking, travelling by train or airplane etc.

1.General budget of the country will be presented, big announcement will be made!

The Union Budget will be presented on February 1. Prices of commodities may rise or fall. According to media reports, the operation of trains can be increased after the budget is released on February 1. Although no information has been received from Indian Railways yet, but it is believed that now the number of trains can be increased.


2. Change in the prices of cylinder.

 The oil companies decide the price of LPG cylinder and commercial cylinder on the first day of every month. However, the prices of LPG have increased two times in December last year. There were no changes in the month of January this year. But in February, oil companies may have a hike in the price of cylinders.

3.No cash withdrawl using PNB ATMs from these banks.

Cash withdrawal rules for PNB ATMs will be changed. PNB has taken a commendable step to stop the growing ATM fraud across the country. Informing the PNB customers the public sector bank tweeted, "To protect our esteemed customers from fraudulent ATM activities, PNB will be restricting transactions (financial & non-financial) from Non-EMV ATM machines from 01.02.2021." PNB customers will not be able to withdraw money from non-EMV ATM machines.

4. FASTagg mandatory for all vehicles.

FASTag will be mandatory for all trains in the country from February 15. FASTag will also be mandatory for new vehicles as well as vehicles sold before December 1, 2017. According to the Ministry of Road Transport and Highways, it has also been made mandatory that the renewal of the fitness certificate of a transport vehicle can be done only after the vehicle has FASTag. FASTag will also be compulsory while taking new third party insurance.

5. Start of new International flights of Air India Express.

New domestic and international flights of Air India Express will start from February 1. Air India Express will start daily flights between Trichy and Singapore from February 1 to March 27,2021. Apart from this route, airlines will start from Kuwait to Vijayawada, Hyderabad, Mangalore, Trichy, Kozhikode, Coonoor and Kochi.

6. February 1 is the deadline of inevestors of PMC bank

In order to regain its lost pride PMC Bank management has decided to restart its operations.Its investors are given the deadline of February 1 for their new offer. While some of the investors like Centrum Group-BharatPe and UK-based Liberty Group have already given their offer.