Rs 500, Rs 1,000 notes can be used for paying water, electricity bills

You can also use them to pay taxes, penalty and fees to govt till midnight of November 11.

Image
Press Trust of India New Delhi
Last Updated : Nov 10 2016 | 3:31 PM IST
Giving some more relief to common man, the Centre today said old Rs 500 and Rs 1,000 notes can be used to pay utility bills, taxes, penalty and fees to central and state governments till midnight of November 11.

While demonetising the high-value currency notes on Tuesday, the government had permitted people to use such notes for payment of certain services like rail and metro ticket, rail catering, airline ticket, buying LPG cylinder and medicines with doctor's prescription.

Economic Affairs Secretary Shaktikanta Das today tweeted: "Old 500, Rs 1000 notes to be accepted for payment of fees, charges, taxes, penalty to central and state governments, including municipalities and local bodies."

Such old notes to be accepted for payment of utility charges like water and electricity, he said.

"Above facilities to be available till November 11 midnight. Records to be maintained," Das tweeted.

Exemptions have also been made for payments at government hospitals, milk booths, crematoria/burial grounds and petrol pumps till November 11.

People having invalid notes are required to either deposit them in their accounts or exchange them with new currency notes. Banks have already started issuing new currency notes of Rs 500 and Rs 2,000 denominations.
*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 10 2016 | 3:20 PM IST

Next Story