Withdrawal of Legal Tender Status for ₹ 500 and ₹ 1000 Notes

Last updated: 09 November 2016 Follow on Google News

Government of India vide their Notification no. 2652 dated November 8, 2016 have withdrawn the Legal Tender status of Rs.500 and Rs.1,000 denominations of banknotes of the Mahatma Gandhi Series issued by the Reserve Bank of India till November 8, 2016. This is necessitated to tackle counterfeitin

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CCI News Desk

Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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