Government withdraws exemptions given for the use of 500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets; For making payments to catering services on board, during travel by rail; and For making payments for purchasing tickets for travel by suburban and metro rail services https://www.taxtmi.com/news?id=17062 Withdrawal of exemptions rescinds prior limited acceptance of old high-denomination 500 notes for railway and government/public sector bus ticketing, for payments to on-board rail catering services during travel, and for purchase of suburban and metro rail tickets, effective midnight of December 9, 2016, reflecting reduced receipts of those notes and a policy push toward digital transactions. en-us Sat, 10 Dec 2016 10:19:40 +0530 Sat, 10 Dec 2016 10:19:40 +0530 TaxTMI RSS Generator Government withdraws exemptions given for the use of 500/- old notes, from the mid night of December 9, 2016, for making payments at railway ticketing counters, ticket counters of Government or Public Sector Undertakings buses for purchase of tickets; For making payments to catering services on board, during travel by rail; and For making payments for purchasing tickets for travel by suburban and metro rail services https://www.taxtmi.com/news?id=17062 Withdrawal of exemptions rescinds prior limited acceptance of old high-denomination 500 notes for railway and government/public sector bus ticketing, for payments to on-board rail catering services during travel, and for purchase of suburban and metro rail tickets, effective midnight of December 9, 2016, reflecting reduced receipts of those notes and a policy push toward digital transactions. News - Sat, 10 Dec 2016 10:19:40 +0530 https://www.taxtmi.com/news?id=17062