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  • Withdrawing money from ATM and buying clothes and footwear will be expensive from January 1...

Withdrawing money from ATM and buying clothes and footwear will be expensive from January 1

The new year i.e. 2022 is going to bring many changes with it. These changes will have an effect on your life as well. From January 1, withdrawing money from ATMs and buying clothes and footwear is going to be expensive.

  • By TNB Bureau
  • - Dec 30, 2021 12:32 AM
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Withdrawing money from ATM and buying clothes and footwear will be expensive from January 1

The new year i.e. 2022 is going to bring many changes with it. These changes will have an effect on your life as well. From January 1, withdrawing money from ATMs and buying clothes and footwear is going to be expensive. We are telling you about 6 changes that will happen from January 1.

RBI has approved to increase the charge on cash withdrawal after free transactions. Banks currently charge Rs 20 per transaction from customers. It does not include tax. According to RBI, after the free transaction, banks will be able to charge Rs 21 from their customers instead of 20 per transaction. This also does not include tax. This rule will come into effect from January 1, 2022.

From January 1, 12% GST will be levied on clothing and footwear. The Government of India has increased the GST on textiles, readymades and footwear by 7%. Apart from this, 5% GST will be levied on auto rickshaw booking through online mode. That is, booking auto rickshaws from app based cab service provider platforms like Ola, Uber will now become expensive. However, there will be no change in the fare of auto rickshaw through offline mode. It has been kept out of tax.

The corona vaccine will be administered to children in the age group of 15 to 18 years from January 3 in the country. For this, registration can be done on the Covin app from January 1. 10th class ID card will also be considered as identity proof for registration.

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