From mandatory KYC for insurance policies to railway timetable, know important changes coming into force from today | So Good News

With the beginning of the month, there are several changes, including the train timetable for WhatsApp usage, which will affect the common man. This month is also important for pensioners as they have to provide proof of life to ensure uninterrupted pension in their bank accounts. It is therefore crucial to know the changes that will be implemented from today to avoid inconvenience when using the services.

Important changes affecting the common man from today

LPG Prices: The per unit price of commercial LPG cylinder has been reduced by Rs 115.50 with immediate effect today. Notably, this is the seventh cut in the price of the 19 kg commercial LPG cylinder unit since June. The price reduction came in line with falling international energy prices.

ALSO READ: Commercial LPG cylinder prices cut by Rs 115.50

KYC mandatory for insurance claims: KYC will become mandatory for non-life insurance. In a statement, the Insurance Regulatory and Development Authority of India (IRDAI) stated that KYC verification will become mandatory for health and general insurance from November 1, reported The Economic Times. Currently, KYC verification is voluntary. “The deadline will not be extended further in this regard”, it is further stated.

Train times: Indian Railways also made certain changes in the train timetable from November 1. The Railways will change the timings of some special trains coming from Western Railway as per the non-monsoon timings with effect from November 1.

WhatsApp for Android and iOS users: WhatsApp will stop offering support for some Android, iOS and KaiOS devices running on old OS versions from today. The application will be stopped on some devices. However, to continue using the application, the user must get a new device with support for the app.

Submission of proof of life: State pensioners must submit their annual life certificates each year between 1 November and 30 November to continue receiving a pension. Pensioners can also submit life proof by visiting a bank, post office, availing the doorstep service or on Jeevan Pramaan Portal.