Discover the jaw-dropping Financial updates coming your way in March 2024! From FASTag deactivation to Paytm Payments Bank deadlines, brace yourself for a month of surprises that will shake up your routine. Don’t miss out on what’s in store – read on to stay ahead of the game!
Financial Updates Coming in March 2024
As we step into March 2024, it’s not just another month on the calendar; it’s a time marked by significant shifts that will influence our day-to-day lives and financial activities. Alongside these changes, there’s a silver lining for travelers, with two extended weekends offering the perfect opportunity to embark on exciting journeys.
FASTag Deactivation
If you’re a frequent traveler, ensuring your FASTag is up to date is paramount. From March 1 onwards, FASTags that haven’t undergone KYC verification by February 1, 2024, will face deactivation. This move aligns with the National Highways Authority of India’s initiative for streamlined toll collection, emphasizing the principle of “One Vehicle, One FASTag.”
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Paytm Payments Bank Extension
For users of Paytm Payments Bank, March 15, 2024, marks an important deadline. The Reserve Bank of India has extended the ban on certain services until this date. It’s a reminder for Paytm wallet users to take action, as after the deadline, adding funds or making transactions may be temporarily halted. However, users can still access their existing funds for withdrawals.
SBI Credit Card Billing Changes
Attention SBI credit cardholders! Starting March 15, there’s a tweak in how minimum billing calculations are handled. This adjustment, communicated well in advance by the company, signals a shift in credit card billing practices. It’s a subtle yet noteworthy change that impacts how users manage their credit card payments.
Geo-tagging for MCD Property Tax Discount
In the bustling capital city, property owners have an additional task on their hands come March 1, 2024. To retain a valuable 10% discount on property tax, geo-tagging their properties via the MCD Unified Mobile App is essential. It’s a step towards digital integration and efficiency, but also a reminder of the administrative responsibilities that come with property ownership.
March 2024 isn’t just about crossing days off the calendar; it’s a period marked by transition and adaptation. From ensuring compliance with regulatory changes to seizing opportunities for leisurely travel, there’s much to navigate in the weeks ahead. As we embrace these shifts, let’s approach them with readiness and a touch of human understanding, recognizing the impact they have on our lives.
Bhaarat Bulletin’s Shikha Rai, Bimal Dev, and PTI have contributed to the above report