IPO listing to Aadhaar updation: Nine top financial changes in December 2023 that you should know
Nine top financial changes in December 2023: December is a month when it is a good time to review one's finances as one step into the new year. Various financial changes will take place in December 2023, including a new timeline for IPOs, changes to lounge access on HDFC Bank's Regalia credit card, and the deadline for free updation of Aadhaar. However, there are a few money changes that may impact your wealth in the same month and we've got it decoded for you.
The Securities and Exchange Board of India (SEBI) has reduced the timeline for listing of IPOs from existing T+6 days to T+3 days. The new timeframe will be mandatory for all the issues that come after December 1.
The new SIM card rules introduced by the government will bring in a slew of changes, including banning the sale of bulk SIM cards, mandatory registration of PoS franchisees, agents, and distributors by telecom operators, and police verification of SIM dealers, among others. The new rules will finally come into force on December 1.
Every year by November 30, Central and state government pensioners must submit their life certificates or Jeewan praman patra in order to continue receiving pensions. If you do not submit your life certificate by November end, your pension may be stopped.
HDFC Bank has tweaked some rules for its Regalia Credit Card. Starting 1st December, 2023, the lounge access program for the Regalia Credit Card will be based on the cardholder's spending. Cardholders who spend ₹1 lakh or more in a calendar quarter can avail of up to two complimentary lounge access vouchers as part of the quarterly milestone benefit.
Earlier this year, UIDAI allowed citizens to update details on their Aadhaar card online free of cost. Subsequently, the
Read more on livemint.com
