Big Policy Changes from September 1: What You Must Know

Several key changes took effect in September, impacting banking, government programs, tax filing, and postal services. These changes could affect your wallet.

September 1 Rule Changes

With September's start, several key changes are now in effect. These impact banking, government programs, taxes, and postal services, potentially affecting your finances.

SBI

SBI has changed its rewards program. Digital gaming, government, and merchant site spending no longer earn reward points.

Unified Pension Scheme

The deadline for NPS subscribers to choose the Unified Pension Scheme (UPS) is September 30th. Employees have a few weeks left.

Income Tax Filing

The income tax filing deadline for those not needing an audit is extended to September 15th, providing an extra 46 days.

Postal Service

India Post has merged registered mail with speed post. All domestic mail will now be sent via speed post.

Aadhaar

UIDAI has extended the deadline for free online Aadhaar updates to September 14, 2024.

Fixed Deposit Scheme

Indian Bank and IDBI Bank have special fixed deposit schemes with deadlines of September 30, 2025.