Many rules will change from January 1, 2024, these big changes will happen including SIM card and GST

Many changes will be seen in the new year 2024. Lok Sabha elections are also to be held this year. Apart from this, a big update has also come out regarding SIM cards and GST. There may be many changes in government departments after the Lok Sabha elections. Traders, businessmen and the general public need to be aware of these because in this the rules ranging from GST rate to purchasing of SIM will change.

According to media reports, from the new year 2024, the GST rate will increase from 8 per cent to 9 per cent. This is the final step in the double rate increase in the 2022 budget. This increase will be effective from January 1, 2024. Businesses and merchants need to be prepared to update their systems and pricing.

Employment related laws will also be changed from January 1, 2024. Under this, leave will be calculated using a new method for part-time workers and those working irregular hours. That is, employees who work different hours or are employed for certain parts of the year. They will be able to get a special kind of leave.

According to media reports, the rules for buying and selling SIM cards will change from the year 2024. Under this, the seller will have to register with the government before selling the SIM card. Along with this, complete records will have to be kept. To buy a SIM card, consumers will be required to provide their identity. That is, the SIM card can be purchased only after the complete details including the Aadhaar match.

From the year 2024, students studying abroad will have to apply for a visa before the end of their studies to get a job. That means students from any country will not be able to switch to a work visa till then. Until their course is completed. For example students who want to work in the Netherlands. They will have to apply for a work visa before completing their studies. Also, after completion of their studies, they will be allowed to work there.