https://www.taxtmi.com/news?id=17174 Withdrawal of legal tender status for existing Rs. 500 and Rs. 1000 notes (Specified Bank Notes) prohibits their use for transactions; equivalent value may be exchanged or credited via RBI offices, authorised bank branches or post offices subject to KYC, deposit/withdrawal ceilings, reporting obligations and limits on non KYC accounts. Over the counter cash exchange was curtailed, ATMs were recalibrated with interim dispensing limits, and special operational measures were provided for farmers, PMJDY accounts, wedding withdrawals, digital payment facilitation, and Small Savings deposit restrictions. en-us Wed, 28 Dec 2016 16:38:14 +0530 Wed, 28 Dec 2016 16:38:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17174 Withdrawal of legal tender status for existing Rs. 500 and Rs. 1000 notes (Specified Bank Notes) prohibits their use for transactions; equivalent value may be exchanged or credited via RBI offices, authorised bank branches or post offices subject to KYC, deposit/withdrawal ceilings, reporting obligations and limits on non KYC accounts. Over the counter cash exchange was curtailed, ATMs were recalibrated with interim dispensing limits, and special operational measures were provided for farmers, PMJDY accounts, wedding withdrawals, digital payment facilitation, and Small Savings deposit restrictions. News - Wed, 28 Dec 2016 16:38:14 +0530 https://www.taxtmi.com/news?id=17174