News > GST on cab, delivery apps; ATM withdrawal charges: New rules kick in from January 1

GST on cab, delivery apps; ATM withdrawal charges: New rules kick in from January 1

Times of India | 01/01/2022 09:24 PM | Click to read full article

Cash withdrawals will become marginally more expensive from January 1, 2022, as the Reserve Bank of India ( RBI ) has announced new rules for users exceeding their monthly free transactions. Various consumer goods like clothes, textiles, footwear will become costlier from today since the GST rates on all these items will increase to 12 per cent from 5 per cent.

There are a few money changes this month that are likely to impact your wealth. We decode each one for you.