Daily Archives: December 1, 2016

Cash withdrawal from bank / ATM ;- Govt allowed RBI to specify Limit

By | December 1, 2016

MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION S.O. 3599(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 Finance, Department of Economic Affairs number… Read More »

old Notes of Rs 500 can’t be used for Air tickets ,Petrol,Diesel & gas w.e.f 03.12.2016

By | December 1, 2016

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 »