New Rule From 1st June 2024: With only a few days remaining in May, various financial laws are scheduled to change on June 1, 2024. You must be informed of these changes. This time, there are five key financial developments occurring. Let us explain the new financial rules that will go into force on June 1, 2024.
LPG Cylinder Prices
It is vital to note that oil marketing companies adjust LPG cylinder prices on the first of each month. In May, the firms reduced the price of commercial cylinders. However, oil firms will revise cylinder pricing again on June 1.
Changes in Traffic Rules
Traffic restrictions will change starting June 1, 2024. According to the new laws, driving at high speeds may result in a fine of Rs. 1,000 to Rs. 2,000. Additionally, driving without a licence would result in a Rs. 500 punishment.
Changes in Aadhaar Card Rules
After June 14, you can run into problems if you haven’t updated your Aadhaar card yet. To put it simply, there will be a charge associated with updating your Aadhaar card after June 14.
Rs 25000 Challan for Minors Driving
It is noteworthy that in India, obtaining a driver’s licence is dependent upon reaching the age of 18. A youngster who is found driving under the new regulations faces a fine of up to Rs. 25,000.
Changes in Driving License
Starting June 1, 2024, you can take your driving test at private driving training facilities rather than RTOs. Apart from that, if a minor causes an accident while driving, they will not be eligible to obtain a driving license until the age of 25. Additionally, legal action may be taken against them.
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