As per the Following Notification Dated 7.12.2016 following are omitted w.e.f 10.12.2016 i.e specified Bank Notes of Rs 500 can not be used for following Payment w.e.f 10.12.2016 :- (b) at railway ticketing counters and ticket counters of Government or Public Sector Undertaking buses for purchase of tickets;” (l) for making payments to catering services… Read More »
As per the following notification of Govt of India dated 30.11.2016 , Specified banknotes of only 500 denomination can not be used w.e.f 03.12.2016 for (i)at airline ticketing counters at airports for purchase of tickets; (ii) for purchase of petrol, diesel and gas at the stations operating under the authorisation of Public Sector Oil and Gas… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 24th November, 2016 S.O. 3544(E).— In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India, in the Ministry… Read More »
Purchase of seeds with Old bank Note Rs 500 As per the following notification Govt of India has allowed use of old Bank Note of Rs 500 till 24.11.2016 for making payments towards purchase of seeds from the centres, units or outlets belonging to the Central or State Governments, Public Sector Undertakings, National or State Seeds… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 18th November, 2016 S.O. 3489(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India, in the Ministry of… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 13th November, 2016 S.O. 3447(E).—In the notification of the Government of India in the Ministry of Finance, Department of Economic Affairs vide number S.O. 3408(E) dated the 8th November, 2016 published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (ii) dated the… Read More »
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 11th November, 2016 S.O. 3445(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby further amends the notification of the Government of India in the Ministry of… Read More »
As the Government of India has declared that currency notes of Rs. 500 and Rs. 1,000 denominations will not be valid from midnight of November 8, 2016, citizens will have to surrender the old notes at any branch of a bank or post office to get the new notes. However govt notified two more items… Read More »
THE GAZETTE OF INDIA : EXTRAORDINARY [PART II—SEC. 3(ii)] MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 9th November, 2016 S.O. 3416(E).—In exercise of the powers conferred by sub-section (2) of section 26 of the Reserve Bank of India Act, 1934 (2 of 1934), the Central Government hereby amends the notification of… Read More »