New Rules on Mobile Porting, Credit Card Billing, NPS Take Effect from July 1

Five major rules including credit card billing, mobile harborage and NPS are changing from July 1 i.e., Monday. Telecom companies will also make talking on mobile and running internet precious from this month. These changes will directly affect the fund of the common man. From July 1, you'll now have to stay for seven days to harborage the mobile number after changing the SIM.

Telecom controller TRAI has taken this step to help frauds through mobile phone figures. before, one had to stay for 10 days to harborage the mobile number. However, it'll not be distributed, If the request for Unique Porting Code( UPC) has been made before the expiry of seven days from the date of SIM relief.

Credit Card Billing From July 1, the rules related to credit card bill payments have changed. This can lead to problems in paying mileage bills similar as electricity and water through some payment apps. In fact, the RBI has asked to pay through the credit card bill payment system from July 1. This means that from July 1, all banks will have to reuse bills through the Bharat Bill Payment System.

It will be closed If you have an account in Punjab National Bank and you haven't used it for a long time, also it'll not work from July 1. The bank said in the announcement that accounts that have been in use for further than three times as of April 30, 2024, will now be closed within one month. The bank had set a deadline of June 30, 2024, to avoid vexation to guests. NPS The agreement on the day of the deal will now be settled on the day of the deal in the National Pension System( NPS).

That is, they will get the value of the day the investment is made. This will come into effect from July 1 this year. However, the Net Asset Value( NAV) will be considered the same day, If the investment comes in the Trustee Bank till 11o'clock.It was still the coming day. Jio, Bharti Airtel and Vodafone Idea have made it premium to talk on mobile and use the internet since July. Mobile tariffs of Jio and Airtel will come premium from July 3. Vodafone Idea will also make tariffs premium from July 4.