Tag Archives: exemptions

The loophole in the entire gamut of demonetisation is out finally and the political parties are exempted from restrictions on depositing old currency notes in their bank accounts, said Revenue Secretary Hasmukh Adhia. It means all the black money not returning to the system in the form of individual accounts may as well return in the form of funding to ...

Following hue and cry over the shortage of new currency in banks and ATMs, the government said on Friday that the payment of old and demonetised notes will be allowed now even in court fee, consumer cooperative stores with ID proof, utility bill payment, and toll plazas. While cancelling the legal tender character of the existing series of high denomination ...