Happy New Year 2021: Good luck to you all from the Newztezz family, these important changes are going to happen in your life from today - Newztezz Online

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Friday, January 1, 2021

Happy New Year 2021: Good luck to you all from the Newztezz family, these important changes are going to happen in your life from today


The new  
 year has arrived . From today i.e. 1st January not only your home calendar but many things related to your life are going to change. Here we are going to tell you about the 10 big changes that you need to know. These changes affect your home , your car, your life and your family.

Whatsapp will not work in these smartphones from the new year

Support for the popular instant messaging app Whatsapp will be discontinued for some smartphones from early next year i.e. January 1, 2021. Smartphones that do not support Whatsapp include Android and iPhone. That means Whatsapp will not work in older version software. According to the report, Whatsapp will not work on smartphones running on versions older than iOS 9 and Android 4.0.3 operating system. Whatsapp support can also be removed from iPhone 4 or older. However, it can be updated if the next version of iPhone i.e. iPhone 4s, iPhone 5s, iPhone 5C, iPhone 6, iPhone 6s has old software. Whatsapp can be run in this iPhone model after updating. Speaking of Android smartphones, Whatsapp will not be supported on smartphones running on versions older than Android 4.0.3.

The rules for GST returns will change from January 1

The government is preparing to take some further steps in the matter of sales returns to provide relief to small traders. Under which GST process will be made easier. According to sources, in the new process, small entrepreneurs with a turnover of up to Rs 5 crore will have to file only 4 sales returns during the year from January next year. At this time, traders will have to file 12 returns (GSTR3B) on a monthly basis. Apart from this 4 GSTR1 has to be paid. Taxpayers will only have to file 8 returns after the new rule comes into force. Out of which 4 GSTR, 3B and 4 GSTR 1 returns have to be filed.

The rules for check payment will change from the new year

The Reserve Bank of India (RBI) is changing the rules for making check payments on the first morning of the new year, i.e. from January 1, 2021. Under RBI's new Positive Pay System, some information has to be re-confirmed on payment of Rs 50,000 or more by check. However this will depend on the account holder whether he wants to avail this facility or not. The decision was taken by the RBI to curb the rising number of banking fraud cases in the country.

More charges will have to be paid on UPI payment from January 1

From January 1, Amazon Pay, Google Pay and PhonePay transactions will incur additional charges. Indeed, NPCI has decided to impose additional charges on UPI Payment Services (UPI Payments) operated by third party application providers from January 1. NPCI has imposed a 30 per cent cap on third party apps in the new year. However, Paytm will not have to pay this charge.

Fastags are mandatory on trains from January 1

Fastag will be required on trains to cross the toll from 1 January 2021. Drivers crossing the National Highway toll without a fastag will have to pay a double charge. At present, 80 per cent of the lines at all toll plazas are being used for fastag and 20 per cent for cash. From January 1, all live will be fastag. You need to keep a minimum of Rs 150 in your Fastag account. Otherwise Fastag will be blacklisted.

The rules for investing in mutual funds will change

In the interest of investors, market regulator SEBI has made some changes in the rules of mutual funds to reduce risk. SEBI has amended the asset allocation rules for multicap mutual funds. Under the new rules, 75 per cent of funds will now have to invest in equities, up from the current 65 per cent. The structure of multi-cap funds will change as per the new rules of SEBI. It will be necessary to invest 25-25 per cent in midcap and smallcap. At the same time, 25 percent will have to stop at large caps. Previously, fund managers allocated according to their choice. Currently the weightage of largecaps is higher in multicaps. The new rule will take effect on January 1, 2021.

Power connection will be available soon from January 1

The government can give New Year gifts to power consumers. The power ministry is preparing to implement the consumer rights rules from January 1. After this, the power distribution companies will have to provide services to the customers within the stipulated period, if they fail to do so the customer may be penalized. The draft rules have been sent to the law ministry. Once approved, customers will not need to do much paperwork to get a new connection. The companies will have to provide electricity connection within seven days in urban areas, 15 in municipal areas and one month in rural areas.

You can buy term plan from January 1 at a lower premium

From January 1, you will be able to purchase a simple life insurance (standard term plan) policy for a lower premium. IRDAI has instructed insurance companies to introduce a standard term life insurance after introducing a standard regular health insurance plan called Arogya Sanjeev. Following these same instructions, insurance companies will launch a simple life insurance policy from January 1. In the new insurance plan, there will be an option to buy a term plan for a lower premium. Also, the terms and amount of cover will be the same in the policy of all insurance companies.

Zero must be applied before calling from landline to mobile

To make calls from landlines across the country to mobiles, it will now be necessary to apply zero before the number from January one. TRAI recommended zeroing the number before May 29, 2020 for this internal call. It will help telecom companies build more numbers. The change in dialing mode will allow telecom companies to generate an additional 254.4 crore numbers for mobile services. This will help meet the needs of the future.

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