Various laws such as Cheque payment, LPG Cylinder prices, GST to UPI Transaction payment which will produce an effect on the common people will be going to get modified from January 1.
Small Businesses GST-Registered
The trades of Rs 5 cr turnover will need to furnish the returns for only 4 GST sales or GSTR-3B from January rather than 12, The Quarterly filing of Return with Monthly Payment 
Know the everything about QRMP (Quarterly Return Filing & Monthly Payment) Scheme under GST. Also, we have included the alternation and payment of tax under QRMP (QRMP) Scheme will affect 94 lakh assessee, nearly 92% of the total tax base of the goods and services tax (GST). only eight returns (four GSTR-3B and four GSTR-1 returns) in a year will be required to file.
Prices of Cars
January 1 the vehicle manufacturing companies such as Maruti and Mahindra will raise their prices to compensate for the effect of the increasing input costs. The amendment in prices will also change the buyer’s mind.
Transaction of UPI Payment
Transaction from Amazon Pay, Google Pay, and Phone Pay users will be needed to furnish the charges.
Prices of LPG Cylinder
As per the dependency on crude oil in the international market, the oil companies have changed the prices of LPG on the 1st day of every month.
FASTag for any Four-wheelers
Through making the fast tag important for all the four-wheel vehicles a notification has been given by the Union Ministry of Road Transport and Highways from 1 January. With this, there is a change in Central Motor Vehicles Rules, 1989. The notice is given on Nov 6.
Phone Calls from Landline to Mobile
In the upcoming time, the callers will soon need to add a prefix ‘0’ to make the calls from landline to the mobile phone in the country. The department of telecom seeks to ask the telcos to make certain methods by January 1 to execute the new system.
These guidelines will be going to interchange your life, this modification is mandatory to know about these modifications in contrast. From Jan1 below are some rules that have been going to change.
Rules for the Payments Regarding the Cheque
In context to examine the fraud of banking, two months ago the Reserve bank of India has declared to direct the ”positive pay system” for cheques, where the confirmation of information might be required for payments exceeding Rs 50,000. From Jan 1, 2021, this rule comes into the effect.
No Contact Card Transactions Threshold
The threshold for the contactless card transactions through cards and UPI will be increased from Rs 2,000 to Rs 5,000 from January 1, 2021, as stated in the guidelines of RBI. The Reserve bank of India said that this is done because to adopt digital payment which is truly safe and secure.
WhatsApp to Stop Running on Preferred Phones
From some platforms, the messaging giant WhatsApp will no longer provide support from Jan 1. Given that it will give the support for the Android running OS 4.0.3 or latest; iPhone running iOS 9 or latest; and preferred phones running KaiOS 2.5.1 more latest, along with JioPhone and JioPhone
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Google Payment Web App
Google web app will soon stop its services which were providing the payment method through Google Pay from January along with that it will also charge for the transaction of money.
Good
There is need to eradicate the usage of upi
Due to the charges on UPI payments. People mind set will again shift to cash transactions from digital mode
By implementing new taxes and Levis on all the products to, where India is going curbing all the ways of living for poor and the middle-class people this is new the online payment charges/and commissions where will this goings will end?
All troubles are for the common man so that the big players flourish. This is our economic growth model. God save both our country and the common man.
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