Sunday, 1 June With the beginning of the new month, a lot of things will change for the common people. These changes from June 1 will directly affect your pocket. From the beginning of the new month, 4 things are going to change roughly. These include the price of LPC gas cylinders, CNG, PNG and ATF prices, credit cards and EPFOs. Let’s know.
EPFO
There may be a big change in EPFOs under the Ministry of Labor and Employment, Government of India, from June 1. The government can launch the EPFO 3.0 on 1 June. Under EPFO 3.0, crores of employees under EPFO will be able to withdraw money from PF account with the help of ATMs directly.
LPG
Oil marketing companies change the prices of LPG cylinders on the first date of every month. Therefore, this time also on June 1, the prices of LPG cylinder can be changed according to the need. Let us tell you that on May 1, there was no change in the prices of 14.2 kg domestic LPG cylinder. On the other hand, the price of 19 kg commercial LPG cylinder was reduced by Rs 17.
CNG, PNG, ATF
Like LPG, PNG and ATF prices will also be amended on the first date of every month. Let us tell you that PNG is also LPG, which is transported directly to the kitchens through the pipe. On the other hand, ATF is a fuel, used to fly airplanes. Apart from these, CNG prices may also change on 1 June.
Credit card
Kotak Mahindra Bank will charge a new charge of 1 percent on the purchase of petrol, diesel and CNG after a fixed limit on some selected credit cards. The bank has set a limit of Rs 35,000 and Rs 50,000 for different cards. If a customer purchases ahead of this limit in a billing cycle, then he will have to pay a fee of 1 percent.
Latest business news