Budget 2022: Banking sector may face these changes in Budget 2022
By Lokmat English Desk | Updated: February 1, 2022 09:11 IST2022-01-29T16:47:58+5:302022-02-01T09:11:06+5:30
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Ahead of Union Budget 2022, many changes are likely to happen in the country. Finance Minister Nirmala Sitharaman will present Budget 2022 on February 1, which will change the economy of the country. Some of the changes which are likely to happen are
SBI tp raise transaction limit
According to the State Bank of India (SBI), IMPS transfers between Rs 2 lakh and Rs 5 lakh will be charged Rs 20 + GST. In October 2021, the Reserve Bank of India increased the number of transactions through IMPS from 2 lakhs.
Bank of Baroda rules will also change
Bank of Baroda's rules regarding check clearance will be changed from February 1. Customers will have to use the Positive Pay System for payment by check.
PNB will charge a fine
The rules that Punjab National Bank will change will have a direct impact on customers. If the installment or investment process fails due to a lack of funds in your account, you will have to pay a penalty of Rs 250.
The price of an LPG cylinder
LPG rates are fixed on the first day of each month. It will be interesting to see if LPG domestic gas prices rise or remain stable on February 1.
The budget will be presented
The final Budget date of 2022 has been released, The finance minister Nirmala Sitaraman on February 1 at 11 am will release the Union Budget 2022. The first part of budget 2022 will start from January 31 and will continue till 11 February.While this will be the 10th presentation of the Modi-led BJP government here are more details about Union Budget 2022.
