Important Dates & Events for 500 & 1000 Notes Circulations
PM Modi Says Rs. 500 And Rs. 1,000 Notes Being Discontinued
- 1.25 lakh
crores of black money has been recovered.
- We need to take a new solid step to
fight black money. From now on, Rs. 500 and Rs. 1000
notes will not be used. Have 50 days to turn them into banks and post
offices.
- On November 9 and in some places on
November 10, ATMs will not work.
- Respite for people for the initial
72 hours, government hospitals will accept old Rs. 500 and 1000
notes till 11 November midnight.
- Petrol pumps and retail outlets
will have to keep every single entry of cash transaction with 500 and 1000
notes till November 11.
- Crematoriums and cemeteries will
also be allowed to transact 500 and 1000 notes till November 11.
- There will be no change in any
other form of currency exchange be it cheque, DD, payment via credit or
debit cards etc.
- Those unable to deposit Rs. 1000, Rs. 500
notes by December 30 for some reason, can change them till March 31, 2017
by furnishing ID proof
- Notes
of Rs. 2000 and Rs. 500 will be circulated soon, RBI
has decided to limit the notes with higher value
· Respite for people for the initial 72 hours, Govt hospitals will accept old Rs 500 and 1000 notes till 11 November midnight: PM Modi- 1.25 lakh
crores of black money has been recovered.
Regards
CS DIVYANSHU SAHNI
(COMPANY SECRETARY)
SPICE GROUP
(COMPANY SECRETARY)
SPICE GROUP
PH: 9871027426
Important Dates & Events for 500 & 1000 Notes Circulations
Reviewed by CS DIVYANSHU SAHNI
on
07:33
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