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Financial rules change every month first. These rules affect the daily lives of common citizens as they include rules related to domestic and commercial gas cylinder prices, investment, and finance. Some new financial practices will also be introduced from the beginning of June. Here are the financial rules that will change from June 1, 2024.
LPG cylinder price
LPG gas cylinder prices are revised on the first of every month. Oil marketing companies will decide the price of gas cylinders on June 1. In May, companies had reduced the price of commercial cylinders. Now there is a possibility that companies may reduce the price of cylinders again in Lune.
traffic rules
The new transport rules will become relevant from June 1. If you violate these rules, you may have to pay a hefty fine. According to the new rules, a person driving above the speed limit will have to pay a fine ranging from Rs 1,000 to Rs 2,000. At the same time, a fine of Rs 500 will have to be paid for driving without a license. A fine of Rs 100 will have to be paid for not wearing a helmet. Rs 100 will have to be paid for not wearing a seat belt.
Minor drivers fined Rs 25,000
According to media reports, driving license has become mandatory while driving a vehicle. If people below the age of 18 are caught driving, they will have to pay a fine of up to Rs 500. 25,000. Apart from this, the driving license of the vehicle owner can also be canceled and the minor will not be given a license until he turns 25.
bank holidays in June
Banks will remain closed for 10 days in June. Out of these, banks will remain closed for 6 days due to Sunday, second and fourth Saturday. Banks will remain closed on the remaining days due to festivals. There will also be other holidays like Raja Sankranti on June 15 and Eid-ul-Adha on June 17 which will be relevant for all banks in India except some states.