These will change from April 1st!

Electricity charges are going to increase in Telugu states.  In addition to the current charges for electricity used by people in homes, the unit per unit in Telangana has been increased from 40 to 50 paise. In AP it has been increased from 45 paise to Rs 1.57.

Tolls at toll plazas on national highways will increase from Friday.  Rs 5-10 for vehicles like cars and jeeps, Rs 15-25 for buses and lorries and Rs 40-50 for heavy vehicles.

Employees who deposit large amounts in the PF account will not be taxed from April 1.  If the employee's share exceeds Rs 2.5 lakh in a financial year, interest will be levied on the additional deposit.

The prices of medicines used for various ailments like fever, infections, BP, anemia, etc. are going to go up from April 1.  The prices of almost 800 types of medicines could go up.

Interest income from post office schemes like Monthly Income Scheme, Time Deposits, Senior Citizen Savings Scheme will no longer be paid in cash.  From April 1, payments will only be made through the Post Office Savings Account or Bank Account.

Car prices will go up from April 1.  Companies such as BMW, Toyota, Mercedes-Benz and Audi have announced that they are raising the prices of their cars.  They attributed this to rising commodity prices.

Petroleum companies revise gas cylinder prices every month.  Petrol prices have been rising day by day. Gas cylinder prices have been hiked by Rs 50 on March 22.  Once again it seems likely that this hike will happen.

In a recent budget, the Center announced that it would tax crypto from the 2022-23 financial year beginning April 1.  Bitcoin, dozy coin .. Any virtual asset transfer will be taxed at the rate of 30 percent.

A recent RBI report said that interest rates on small savings schemes are higher than those offered by banks.  The EPF has already cut interest rates from 8.5 per cent to 8.1 per cent, suggesting a possible cut in interest rates.                    

An exemption of Rs 1.5 lakh under Section ‌ 80EEA is no longer possible in the purchase of property.  This exemption does not apply from April 1.  This is because the Center will not continue this exemption in the 2022 budget.