https://www.taxtmi.com/news?id=16808 Discontinuation of legal tender status for specified high denomination banknotes invalidates those notes for general payments and creates a structured regime for exchange, deposit and withdrawal through designated central bank offices, bank branches and post offices subject to identity and documentation; small over the counter exchanges are allowed while larger amounts must be credited to bank accounts, with limited exceptions for essential services and foreign tourist exchange. en-us Wed, 09 Nov 2016 13:09:13 +0530 Wed, 09 Nov 2016 13:09:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=16808 Discontinuation of legal tender status for specified high denomination banknotes invalidates those notes for general payments and creates a structured regime for exchange, deposit and withdrawal through designated central bank offices, bank branches and post offices subject to identity and documentation; small over the counter exchanges are allowed while larger amounts must be credited to bank accounts, with limited exceptions for essential services and foreign tourist exchange. News - Wed, 09 Nov 2016 13:09:13 +0530 https://www.taxtmi.com/news?id=16808