One-thousand-500-note-banned-s

1. Keep relaxed: you have fifty times time to exchange / deposit your previous notes in banking institutions / put up business office and lower denomination notes and cash will remain legal tender. two. Unexpected emergency demands have been taken care of one thousand five hundred note banned . one thousand five hundred observe banned · Some leeway has been given by the federal government for use of these notes for health care emergencies etc. For first 72 several hours from Nov eight midnight i.e. until 11 Nov midnight authorities hospitals will settle for these old notes, pharmacies in authorities hospitals will acknowledge these notes with Doctor’s prescription. · Old notes will be acknowledged for railway ticket reserving and air journey booking for the very first seventy two several hours. one thousand 500 observe banned · Furthermore, For 72 hrs previous notes will be accepted at petrol , diesel and CNG stations authorised by public sector organizations, milk booths, crematoriums, and govt co-operative retailers. · Intercontinental airports will make preparations for arriving travellers to trade up to Rs 5000 value of outdated notes for the new lawful tender. · No restriction on digital fund payments or transfers such as credit history and debit playing cards 3. Accumulate all the forex kept in various places: (i) Wallets (ii) In the house –drawers/safes. (iii) From your lockers in lender if any are stored there. Gathering from lender would be possible following banks open up for community dealing as banking institutions will be shut for community working on November 9, 2016. four. Independent and consider out the Rs five hundred and Rs one thousand notes from these. a thousand 500 observe banned Depend and compose down the overall. Ideally make bundles of 50, a hundred and a handful of bundles totalling to the sum that is permitted to be exchanged in the initial days. 5. Get ready for long queues at banking institutions and put up offices from Nov 10 onwards. From November ten to 24 aged notes upto Rs 4000 in benefit can be exchanged. Soon after Nov 25 this restrict will be raised. You need to take your ID playing cards together. 6. Previous notes can be deposited in banking companies or submit offices from Nov 10 to Dec thirty until shut of banking hrs. 7. Withdrawal of new notes will be constrained to Rs ten,000 for each working day and Rs twenty,000 per 7 days at first so use your credit history/debit card to shop. 8. If you really do not manage to deposit all your outdated notes by Dec 30 you even now have a window. You can trade outdated notes at selected offices of the RBI soon after submitting a declaration sort and exhibiting your ID card up to 31.3.2017. 9. a thousand 500 be aware banned Maintain a list of the serial quantities of the notes submitted /exchanged at financial institutions as the RBI has announced that the accepting lender/post offices will keep keep track of of these. Very obviously the cash flow tax section will be using a appear at who is publishing how much so trade only the volume you are inclined to explain to the tax department. Study Much more :Rs 500 | Rs a thousand | Narendra Modi | Forex | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to circulate new 500, 2000 forex notesMore From Individual Finance NewsRs five hundred, Rs a thousand notes are no for a longer time legal tender: What you need to have to know and doRs five hundred, Rs one thousand notes are no lengthier legal tender: What you require to know and doPFRDA asks Pension Advisory Committee to study relaxing forty pc annuity ruleSpeedy implementation of UP RERA demanded by Noida residence buyersFreehold property concern to be taken up by Noida's RWA federationFor home tax restoration, Pune Municipal Company types a unique team'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBCNo environmental clearance for Bangalore Development Authority's mega housing projectBank of Baroda cuts MCLR rate by ten bps throughout tenorsInterest charges on home loans slashed by huge lendersPSU banking companies lent practically double of personal financial institutions in Q1 of 2016Get a QuoteBrowse