Tag: Withdrawal of 2000 500 Bank Notes
Income tax notice us 133(6) asking cash balance as on 08-11-2016 as a preventive measure to check black money conversion by Trusts and Societies. It is learnt that Income Tax Department is issuing notices u/s 133(6) to various entities to furnish the details of cash balance as per …
DCCB not allowed to exchange-deposit old notes of Rs 500 1000. However District Central Cooperative Banks can allow withdrawal of notes under limits-RBI Reserve Bank of India Withdrawal of Legal Tender Character of existing ₹ 500/- and ₹ 1000/- Bank Notes – Applicability of the Scheme to DCCBs …
Task Force for ATMs recalibration reactivation for new bank notes dispensation. Expeditious reactivation of all ATMs in planned manner. Reserve Bank of India Date : Nov 14, 2016 Constitution of Task Force for enabling dispensation of Mahatma Gandhi (New) Series Banknotes – Recalibration and reactivation of ATMs It …
New Bank note cash withdrawal limit of 10000 removed. Exchange and ATM withdrawal Limits for 500 1000 notes also increased by Rs. 500/-Notification MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 13th November, 2016 S.O. 3446(E).—In exercise of the powers conferred by sub-section (2) of …
New bank notes cash withdrawal limit increased to Rs.24000. Limit of 10000 per day removed. ATM and exchange revised limit increased by Rs. 500/- Government of India Ministry of Finance Department of Economic Affairs ******** November 13, 2016 Press Release Today (13.11.2016) Finance Ministry has reviewed the position …
Adequate stocks of new notes kept ready in Currency Chests at more than 4000 places in the country, Printing Presses printing the notes at full capacity-RBI Reserve Bank of India Date : Nov 12, 2016 Withdrawal of Legal Tender Character of ₹ 500 and ₹ 1,000: RBI Statement …
RBI issue of inset letter L Rs 500 denomination banknotes. Inset Letter L is in both the number panels in Mahatma Gandhi (New) Series Reserve Bank of India Date : Nov 13, 2016 Issue of ₹ 500 banknotes inset letter ‘L’ in Mahatma Gandhi (New) Series The Reserve …
Chairman Black Money SIT & Former SC Judges praise old note ban. Letter to Finance Minister that Govt took bold step to demonetize Rs. 500 Rs.1000 notes Ministry of Finance 11-November, 2016 The Chairman and Vice-Chairman, SIT on Black Money & Former Judges of the Supreme Court of …
Old bank Notes-What if you do not have bank account? There are many issues along with peak credit theory which may be debated and litigated With the withdrawal of old currency notes of Rs. 500/- and Rs. 1000/- and declaring them not to be “Legal Tender”, the long …
Old bank notes now valid till 14-11-2016 for specified payments. Earlier, time limit of 72 hours ending 11-11-2016 was prescribed for using 500-1000 notes. Ministry of Finance Press Release 11-November, 2016 Government extends existing exemptions with rergard to cancellation of the legal tender character of the existing series …
