One-thousand-five-hundred-be-aware-banned-i

one. 1000 note banned Hold relaxed: you have 50 days time to trade / deposit your aged notes in financial institutions / submit place of work and lower denomination notes and cash will continue being lawful tender. 2. Emergency needs have been taken treatment of. · Some leeway has been provided by the government for use of these notes for health care emergencies and many others. black money For initial 72 several hours from Nov 8 midnight i.e. until 11 Nov midnight government hospitals will settle for these aged notes, pharmacies in government hospitals will acknowledge these notes with Doctor’s prescription. · Aged notes will be recognized for railway ticket scheduling and air journey scheduling for the first 72 hours 1000 note banned in india 1000 note discontinued . 500 1000 notes banned · Additionally, For seventy two hrs old notes will be recognized at petrol , diesel and CNG stations authorised by general public sector companies, milk booths, crematoriums, and authorities co-operative stores. · Global airports will make preparations for arriving travellers to exchange up to Rs 5000 well worth of outdated notes for the new authorized tender. · No restriction on electronic fund payments or transfers which includes credit rating and debit playing cards 3. Gather all the currency retained in a variety of spots: (i) Wallets (ii) In the house –drawers/safes. (iii) From your lockers in bank if any are retained there. Gathering from financial institution would be possible soon after banking institutions open for public working as banks will be shut for community working on November nine, 2016. four. Different and get out the Rs 500 and Rs a thousand notes from these. Depend and write down the whole. 500 1000 notes discontinued Preferably make bundles of 50, one hundred and a couple of bundles totalling to the volume that is authorized to be exchanged in the initial days. 5. Put together for lengthy queues at banking companies and publish workplaces from Nov ten onwards. From November ten to 24 outdated notes upto Rs 4000 in price can be exchanged. After Nov twenty five this limit will be elevated. You want to get your ID cards together. 6. Previous notes can be deposited in banking institutions or submit workplaces from Nov 10 to Dec thirty till near of banking several hours. seven. Withdrawal of new notes will be constrained to Rs 10,000 for each working day and Rs twenty,000 for every 7 days initially so use your credit rating/debit card to shop. 8. If you really do not deal with to deposit all your outdated notes by Dec thirty you nonetheless have a window. You can trade outdated notes at specified places of work of the RBI right after submitting a declaration sort and exhibiting your ID card up to 31.three.2017. 9. Hold a record of the serial numbers of the notes submitted /exchanged at banking institutions as the RBI has declared that the accepting lender/put up workplaces will preserve keep track of of these. Quite plainly the income tax department will be having a search at who is publishing how a lot so trade only the sum you are ready to describe to the tax office. black money modi Read A lot more :Rs 500 | Rs a thousand | Narendra Modi | Forex | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to circulate new five hundred, 2000 currency notesMore From Individual Finance NewsRs 500, Rs a thousand notes are no more time legal tender: What you need to know and doRs five hundred, Rs one thousand notes are no for a longer time authorized tender: What you require to know and doPFRDA asks Pension Advisory Committee to research calming 40 pc annuity ruleSpeedy implementation of UP RERA demanded by Noida property buyersFreehold home issue to be taken up by Noida's RWA federationFor home tax recovery, Pune Municipal Company forms a particular team'Platinum Plus' ULIP for HNIs, courtesy Canara HSBC OBCNo environmental clearance for Bangalore Development Authority's mega housing projectBank of Baroda cuts MCLR price by ten bps throughout tenorsInterest rates on home financial loans slashed by big lendersPSU banking companies lent nearly double of private banking companies in Q1 of 2016Get a QuoteBrowse