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Credit card to income tax to driving license: 10 Rules changing from October 1, 2020 The 10 rules changing from 1 October 2020 Motor vehicle rules, income tax, health insurance, credit and debit card rules are changing from tomorrow 1 October 2020. So it is important that you know about them in advance. What changes is here... 1) *No physical verification of documents like Driving License and RC* The tension of keeping a hard copy of documents like RC and driving license together while driving is going to end. Now you can drive a vehicle with only a valid soft copy of these documents attached to the vehicle.The Ministry of Road Transport and Highways has issued notification of various such amendments made in the Motor Vehicles Rules 1989, which will come into effect from October 1. In a step towards easing commuter convenience, the central government is set to digitise documents including maintenance of vehicles, driving licences and e-challans that will now be done through an informat...

Summary of announcements : Aatma Nirbhar Bharat Abhiyaan On May 12, the Prime Minister, Mr. Narendra Modi, announced a special economic package of Rs 20 lakh crore (equivalent to 10% of India’s GDP) with the aim of making the country independent against the tough competition in the global supply chain and to help in empowering the poor, labourers, migrants who have been adversely affected by COVID.  Following this announcement, the Finance Minister, Ms. Nirmala Sitharaman, through five press conferences, announced the detailed measures under the economic package.  This note summarises the key measures proposed under the economic package. Government Reforms Policy Highlights Increase in borrowing limits:   The borrowing limits of state governments will be increased from 3% to 5% of Gross State Domestic Product (GSDP) for the year 2020-21.  This is estimated to give states extra resources of Rs 4.28 lakh crore.  There will be unconditional increase of up to 3...