1000-five-hundred-be-aware-banned-s
1. modiji black money Hold relaxed: you have fifty times time to exchange / deposit your old notes in banking companies / publish place of work and reduce denomination notes and coins will continue being legal tender. 2. Emergency requirements have been taken care of. · Some leeway has been provided by the authorities for use of these notes for health care emergencies etc. For first seventy two hrs from Nov eight midnight i.e. till eleven Nov midnight authorities hospitals will take these previous notes, pharmacies in govt hospitals will settle for these notes with Doctor’s prescription. · Old notes will be approved for railway ticket scheduling and air travel scheduling for the very first 72 several hours. new currency note · In addition, For seventy two several hours aged notes will be approved at petrol , diesel and CNG stations authorised by public sector firms, milk booths, crematoriums, and federal government co-operative shops. · Worldwide airports will make arrangements for arriving travellers to exchange up to Rs 5000 value of old notes for the new lawful tender. · No restriction on electronic fund payments or transfers which includes credit history and debit cards 3. Gather all the currency retained in various spots: (i) Wallets (ii) In the residence –drawers/safes. (iii) From your lockers in financial institution if any are stored there. Accumulating from bank would be attainable after financial institutions open for community dealing as banking institutions will be closed for general public dealing on November nine, 2016. 4. Individual and consider out the Rs 500 and Rs 1000 notes from these. Depend and publish down the whole. Preferably make bundles of fifty, one hundred and a number of bundles totalling to the amount that is allowed to be exchanged in the original times. five. Put together for prolonged queues at banks and submit workplaces from Nov ten onwards. black money From November 10 to 24 outdated notes upto Rs 4000 in worth can be exchanged. Soon after Nov twenty five this limit will be raised. You require to consider your ID playing cards together. six. Aged notes can be deposited in banking institutions or post workplaces from Nov 10 to Dec 30 until shut of banking hrs. 7. Withdrawal of new notes will be minimal to Rs 10,000 per working day and Rs 20,000 for every 7 days at first so use your credit score/debit card to shop. 8. If you do not control to deposit all your outdated notes by Dec 30 you even now have a window. You can trade outdated notes at designated workplaces of the RBI after distributing a declaration form and showing your ID card up to 31.three.2017. 500 1000 notes discontinued nine. Keep a record of the serial numbers of the notes submitted /exchanged at financial institutions as the RBI has declared that the accepting lender/post offices will hold observe of these. Quite obviously the revenue tax department will be taking a seem at who is distributing how considerably so trade only the volume you are ready to make clear to the tax department. 1000 note banned Read More :Rs five hundred | Rs one thousand | Narendra Modi | Currency | Black MoneyCommentsAdd Your CommentsNEXT STORYRELATED VIDEORBI to flow into new five hundred, 2000 forex notesMore From Personalized Finance NewsRs 500, Rs 1000 notes are no lengthier lawful tender: What you need to know and doRs 500, Rs a thousand notes are no for a longer time lawful tender: What you require to know and doPFRDA asks Pension Advisory Committee to study calming 40 pc annuity ruleSpeedy implementation of UP RERA demanded by Noida house buyersFreehold residence situation to be taken up by Noida's RWA federationFor property tax recovery, Pune Municipal Company varieties 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 charge by ten bps throughout tenorsInterest costs on house loans slashed by huge lendersPSU banking institutions lent almost double of private banks in Q1 of 2016Get a QuoteBrowse