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    <title>Demonetization of Rs. 500 and Rs. 1000 notes</title>
    <link>https://www.taxtmi.com/article/detailed?id=7076</link>
    <description>The legal tender character of Rs. 500 and Rs. 1000 notes is withdrawn; holders may exchange OHD notes at RBI offices, banks and post offices with full value credited but cash payment capped at Rs. 4,000 per person and the remainder credited to a bank account. KYC/identity documentation and account details or written authorization (for third parties and NRIs) are required. ATM and short term withdrawal limits apply; electronic payment channels are encouraged. General exchange through banks and post offices is available until 30th December 2016, with subsequent exchanges only at specified RBI offices subject to additional requirements.</description>
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    <pubDate>Fri, 11 Nov 2016 11:12:25 +0530</pubDate>
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      <title>Demonetization of Rs. 500 and Rs. 1000 notes</title>
      <link>https://www.taxtmi.com/article/detailed?id=7076</link>
      <description>The legal tender character of Rs. 500 and Rs. 1000 notes is withdrawn; holders may exchange OHD notes at RBI offices, banks and post offices with full value credited but cash payment capped at Rs. 4,000 per person and the remainder credited to a bank account. KYC/identity documentation and account details or written authorization (for third parties and NRIs) are required. ATM and short term withdrawal limits apply; electronic payment channels are encouraged. General exchange through banks and post offices is available until 30th December 2016, with subsequent exchanges only at specified RBI offices subject to additional requirements.</description>
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