Rs.500 & Rs.1000 Notes Will Be Valid Till November 24

Rs.500 & Rs.1000 Notes Will Be Valid Till November 24

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indian money

14 November 2016: In the little hours of Monday the meeting was held with senior ministers to review the impact of demonetisation, Prime Minister Narendra Modi has announced that the government has enlarged the date of accepting old notes of Rs 500 and Rs 1000 valid till 24 November.indian-money

As per the reports, economic affairs secretary, Shaktikanta Das said to the media ANI that, “Currently the government has given exemption to a certain category of transactions where old series of Rs 500 and Rs 1000 notes can be accepted. This limit for such exemptions is being extended from 14th November midnight to 24th November midnight to ensure greater public convenience.”

The immunity list comprises payments towards fees, taxes, penalties, and charge billed towards the central and state governments as well as local bodies and municipality. The old series notes will receive for manufacture expense of utility charge for electricity and water.indian money

Yesterday evening the announced was made by the Finance Ministry about the limit exchange the old notes invalid Rs 500, and Rs 1000 notes for recently cast Rs 2000 and Rs 500 not was enlarged from Rs 4000 to Rs 4500 per day. For cash, the withdrawal will be a limit at ATM up to Rs 2,500 from Rs 2,000 per day. The weekly withdrawal will be limits to Rs 24,000 from 20,000 and maximum withdrawal with slips will be Rs 10,000 per day.

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