Govt. extends use of old Rs 500, 1000 notes for utility bills till Monday

Image
ANI New Delhi [India]
Last Updated : Nov 12 2016 | 9:28 AM IST

The use of old 500 and 1,000 rupee notes for paying household utility bills, fuel, taxes and fees as well as purchase from co-operative stores has been extended till Monday.

The Finance Minister made the announcement stating that the decision has been taken considering representations received from different quarters in the matter.

Court fee and payment of penalty to central and state governments, including municipalities and local bodies, will also be allowed to be paid in old notes till Monday.

Earlier, the government had allowed use of the old currency at government hospitals, railway ticketing, airline ticketing, petrol pumps and others till midnight last night.

The Ministry said, ID proof of customers will be required for transactions in consumer co-operative stores.

Transport and Highways Minister Nitin Gadkari said, to ensure smooth traffic movement across all National Highways, the toll suspension has been extended till Monday.

Meanwhile, the Centre has asked all states to ensure proper security to all banks, ATMs and vehicles transporting cash.

According to reports, the Home Ministry has deputed three officials to be in touch with state governments to ensure security of banks and ATMs.

The government has conveyed to the states that if they require any assistance, it will be provided immediately.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Nov 12 2016 | 8:48 AM IST

Next Story