UPI security, LPG price revision, PAN rules: Key financial changes effective from June 1
New Delhi, June 1 -- As June begins, several financial and regulatory changes are set to come into effect that could impact millions of consumers across the country. Some major changes include updates to UPI transaction security, PAN-related compliance requirements and revisions in LPG cylinder prices.
The changes are aimed at strengthening financial security, improving compliance as well as consumer services. While some updates such as enhanced UPI verification and recipient name display are designed to curb online fraud, others including higher commercial LPG prices and tax deadlines will have a direct impact on businesses, taxpayers and everyday expenses. Here are the major changes that take effect from June 1 and what consumers shoul...
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