Key financial changes from April 1, 2024, encompass enhanced NPS security measures, SBI debit card maintenance charge hike, and SEBI s directive to halt investments in overseas ETFs.
Some of the changes in the Magnus Credit Card include the threshold for annual fee waiver, which will no longer include spends on insurance, gold/jewelry, and fuel categories. Similarly, expenditures on fuel, insurance, and gold/jewelry will not be eligible for basic or expedited Edge reward points.
From the end of deadlines for exchanging Rs 2,000 notes, providing nomination or opt-out for investments in MFs and demat accounts to significant changes to Axis Bank Magnus and Reserve card, there is much happening in the financial arena you need to be aware of.