https://www.taxtmi.com/news?id=26691 Withdrawal of Rs2000 denomination banknotes was effected pursuant to findings that most notes were issued before March 2017 and have reached the end of their useful life, and that public surveys show the denomination is no longer preferred for transactions. The action, taken under the RBI's Clean Note Policy, notes that substantial volumes have been returned since the withdrawal notice and that the supply of other denominations is adequate to meet public currency needs. en-us Tue, 25 Jul 2023 18:51:03 +0530 Tue, 25 Jul 2023 18:51:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=26691 Withdrawal of Rs2000 denomination banknotes was effected pursuant to findings that most notes were issued before March 2017 and have reached the end of their useful life, and that public surveys show the denomination is no longer preferred for transactions. The action, taken under the RBI's Clean Note Policy, notes that substantial volumes have been returned since the withdrawal notice and that the supply of other denominations is adequate to meet public currency needs. News - Tue, 25 Jul 2023 18:51:03 +0530 https://www.taxtmi.com/news?id=26691