A-thousand-five-hundred-note-banned-i

1. Hold calm: you have fifty times time to exchange / deposit your previous notes in banking institutions / put up workplace and lower denomination notes and cash will continue being legal tender. two. how to get new notes 1000 note banned Emergency needs have been taken treatment of. · Some leeway has been presented by the federal government for use of these notes for health care emergencies and so on. For very first 72 several hours from Nov 8 midnight i.e. until eleven Nov midnight authorities hospitals will accept these old notes, pharmacies in federal government hospitals will acknowledge these notes with Doctor’s prescription 1000 note banned . · Outdated notes will be accepted for railway ticket reserving and air journey reserving for the first seventy two hours. · Additionally, For seventy two hrs old notes will be accepted at petrol , diesel and CNG stations authorised by community sector organizations, milk booths, crematoriums, and authorities co-operative retailers. · International airports will make preparations for arriving passengers to exchange up to Rs 5000 well worth of previous notes for the new legal tender. · No restriction on digital fund payments or transfers including credit score and debit playing cards three. black money in india Gather all the forex stored in numerous spots: (i) Wallets (ii) In the property –drawers/safes. (iii) From your lockers in financial institution if any are retained there. Accumulating from lender would be attainable after banking institutions open up for community dealing as banking companies will be shut for community dealing on November 9, 2016. four. Separate and get out the Rs five hundred and Rs 1000 notes from these. Depend and compose down the whole. Ideally make bundles of fifty, 100 and a handful of bundles totalling to the quantity that is authorized to be exchanged in the initial times. five. Prepare for extended queues at banks and post offices from Nov ten onwards. From November ten to 24 outdated notes upto Rs 4000 in worth can be exchanged. After Nov twenty five this limit will be elevated. You need to have to just take your ID playing cards together. six. Old notes can be deposited in banking institutions or put up workplaces from Nov ten to Dec 30 until shut of banking several hours. notes discontinued seven. Withdrawal of new notes will be constrained to Rs 10,000 for each day and Rs twenty,000 for every week initially so use your credit rating/debit card to shop. eight. If you don’t deal with to deposit all your old notes by Dec thirty you nevertheless have a window. You can trade old notes at selected places of work of the RBI after distributing a declaration type and displaying your ID card up to 31.3.2017. 9. Preserve a listing of the serial figures of the notes submitted /exchanged at banking institutions as the RBI has declared that the accepting financial institution/publish places of work will hold monitor of these. Very plainly the income tax office will be taking a look at who is submitting how significantly so trade only the volume you are prepared to describe to the tax division. Study Far more :Rs five hundred | Rs one thousand | Narendra Modi | Forex | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to circulate new 500, 2000 currency notesMore From Private Finance NewsRs five hundred, Rs one thousand notes are no longer lawful tender: What you need to know and doRs 500, Rs one thousand notes are no lengthier legal tender: What you require to know and doPFRDA asks Pension Advisory Committee to examine calming forty personal computer annuity ruleSpeedy implementation of UP RERA demanded by Noida house buyersFreehold house concern to be taken up by Noida's RWA federationFor house tax restoration, Pune Municipal Company types a special team'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBCNo environmental clearance for Bangalore Improvement Authority's mega housing projectBank of Baroda cuts MCLR rate by ten bps throughout tenorsInterest prices on home loans slashed by huge lendersPSU financial institutions lent almost double of personal banking companies in Q1 of 2016Get a QuoteBrowse