New Rs 500 Note Archives - Tax Heal https://www.taxheal.com/tag/new-rs-500-note Complete Guide for Income Tax and GST in India Sun, 11 Dec 2016 09:25:59 +0000 en-US hourly 1 https://wordpress.org/?v=7.1.4 New Rs 500 Note to be issued by RBI https://www.taxheal.com/new-rs-500-note-issued-rbi.html https://www.taxheal.com/new-rs-500-note-issued-rbi.html#respond Sun, 11 Dec 2016 09:25:59 +0000 http://taxheal.com/?p=19035 Date : Dec 08, 2016 Issuance of Rs 500 bank notes without inset letter, in the Mahatma Gandhi (New Series) The Reserve Bank of India will shortly issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and… Read More »

]]> Date : Dec 08, 2016

Issuance of Rs 500 bank notes without inset letter, in the Mahatma Gandhi (New Series)

The Reserve Bank of India will shortly issue Rs 500 denomination banknotes in the Mahatma Gandhi (New) Series, without any inset letter, bearing signature of Dr. Urjit R. Patel, Governor, Reserve Bank of India, and the year of printing ‘2016’ printed on the reverse of the banknote.

The design of these notes to be issued now is similar in all respects to the ₹ 500 banknotes in Mahatma Gandhi (New) Series which was notified through Press Release : 2016-2017/1146 dated November 08, 2016.

All ₹ 500 bank notes issued earlier in the Mahatma Gandhi (New) series will continue to be legal tender.

Alpana Killawala
Principal Adviser

Press Release : 2016-2017/1461

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