New Delhi: The center does not extend the deadline of December 15, but uses the memo of the old 500 rupees for specific activities such as public utility charges, payment of hospital bills, purchase of cooking gas cylinders, etc.
Shaktikanta Das, Executive Director for Economic Affairs, says: "There is no extension" Das told the TOI, and people said that they could deposit old banknotes of 500 and 1000 rupees in the bank branch.
The center withdrew the facility and used the old 500 rupee note at the gas station from midnight in December.
It was decided after evaluating that the exemption was severely misused to wash funds and it abolished that it would not affect the flow of goods. It also ceases to use the old 1000 rupee note
The center will allow the use of old 500 rupees notes for a series of activities until midnight on 15th December. This includes treatment at the government hospital and payment by the pharmacy to purchase medicines with a prescription of a doctor.
People can also buy at the central or state milk store, for remittance of mobile phones, crematories, cemetery payments, using memories of the old 500 rupees.
The government previously withdrew mitigation measures such as booking railroads and 500 old tickets.
It announced the cancellation of the Fiat money status in November, it allowed the use of the old 500 and 1,000 rupee notes for certain activities within 72 hours.
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Recently, the Government of India devalued the existing rupee. 500 and rupees. I introduced 1000 notes and new notes of rupees. 500 and rupees. Therefore, all future transactions including old notes will be invalid. Mutual trust is transferred to new bank notes, old bank notes are in the same state as valuable cobblestone. The human brain may not evaluate our emotions as we might think. We might feel that buying something like a car increases our happiness. But once you own the car, you will still be dissatisfied and you may want to buy more to reach the new level of happiness while staying at the same level.
By the beginning of November 2016, all preparations have been completed and the renowned prime minister Narendra Modi announced the announcement of the rupee as rupees. 1000 rupees. 500 years ago with 2000 and rupees. At a meeting before his unscheduled broadcast of T.V. during the 15th century IST on the 8th of November 500 bills represented the cabinet. Known as "Notebandi" in Hindi, devilization makes Rs a reality. 1000 rupees. Memo of 500 Mahatma Gandhi series is invalid from 0 o'clock midnight on 8th November. The upper limit of currency exchange at bank counter depends on the process. It is different from rupees. At the commencement of the decommissioning measures of Rs 4000. After 2000 weeks withdrawal is also limited to rupees. 10,000 per day and Rs per account. Each account is 20,000 per week. This will be added to the rupee. As of November 14, 2016, each account is 24 thousand per week.