Finance Ministry

Languages printed on Indian banknotes other than hindi english as part of design and matter of convention in terms of Section 25 of RBI Act

Languages printed on Indian banknotes other than hindi english (17 in total) as part of design and matter of convention in terms of Section 25 of RBI Act

Ministry of Finance

25-November, 2016 

Value of Currency Notes in Indian Languages
The Indian banknotes are printed in two languages, English and Hindi. In addition, the other languages printed on the language panel of the Indian notes are Assamese, Bengali, Gujarati, Kannada, Kashmiri, Konkani, Malayalam, Marathi, Nepali, Oriya, Punjabi, Sanskrit, Tamil, Telugu and Urdu. Inclusion of languages on Banknotes is more a part of design and a matter of convention and in terms of Section 25 of RBI Act 1934, “The design, form and material of banknotes shall be such as may be approved by the Central Government after consideration of the recommendations made by the Central Board”.

This was stated by Shri Arjun Ram Meghwal, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.

*****

Share

Recent Posts

  • Income Tax

When foundation of reopening does not survive, no addition can be made for other issues

When foundation of reopening does not survive, no addition can be made in respect of other issues - ITAT In…

4 hours ago
  • GST

GST Advisory & FAQs on Electronic Credit Reversal & Re-claimed Statement & RCM Liability

GSTN Advisory & FAQs related to Electronic Credit Reversal and Re-claimed Statement and RCM Liability/ITC Statement To ensure correct and…

21 hours ago
  • Income Tax

Negligence of tax payer would not make exempt income taxable – ITAT

It is well settled that if any receipt cannot be subjected to tax being exempt under law, negligence of any…

1 day ago
  • GST

For a notice sent by GSTN Portal no inference may be drawn as to its actual service

Since UPGST Authorities unable to inform when notice sent by GSTN Portal may have been retrieved or downloaded, no inference…

2 days ago
  • Income Tax

Cash deposit of Rs. 250000 cr (credit) misread as crores by AO – Plea declined

High Court declines plea of assessee that Income Tax Department wrongly read amount of cash deposit of Rs. 250000 Cr…

2 days ago
  • Income Tax

Discontinuance of business of firm will not vest ownership of firm’s property with partners

Discontinuance of business of partnership firm will not result in vesting ownership of firm's property with individual partners for capital…

3 days ago