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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

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....overnment 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 ....

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....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 m....

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....etro rail services <br>News and Press Release<br>Dated:- 10-12-2016<br><BR>Government has been reviewing the different operational aspects of the matters related to the cancellation of the legal tende....

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....r character of old high denomination notes of &#8377; 500/- and &#8377; 1,000/-. There has been a declining trend in the receipt of these old currency notes of &#8377; 500/- and &#8377; 1000/-. Furthe....

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....r, a number of steps have been taken for promoting digital transactions. Keeping the above in view, the exemptions that have been given for use of &#8377; 500/- old notes, were re-examined by the Go....

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....vernment and the following exemptions are, therefore, being withdrawn from the mid night of December 9, 2016: * For making payments at railway ticketing counters, ticket counters of Government or P....

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....ublic 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 ....

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....suburban and metro rail services.<BR> News - Press release - PIB....