DEMONETISATION LATEST NEWS UPDATE

Central Government decides that there will be no over the counter exchange of old Rs. 500 and Rs 1000 notes after midnight of 24.11.2016. Certain other exemptions relating to cancellation of legal tender character of old Rs. 500 and Rs.1000 notes extended up to 15.12.2016. Those extended till 15.12.2016 include Payment of current & arrears dues to utilities which will be limited to only water and electricity. Foreign citizens will be permitted to exchange foreign currency upto Rs.5,000 per week.Entry to this effect will be made in their passports.