Last date to make use of old Rs 500 notes is December 15. So, if you still have old currency notes of Rs 500 denomination in store, ensure to use them positively by tomorrow.
Briefing media On Tuesday, Reserve Bank of India (RBI) officials informed that Rs 12.44 lakh crore have been collected at banks in demonetised notes till December 10.
After making the note ban decision, the government has brought about certain changes in the requirements of Permanent Account Number (PAN).
Railways has decided to slash fares of premium trains such as Rajdhani, Duronto and Shatabadi, as per media reports.
The hacker group Legion that takes responsibility for hacking social media accounts of famous Indian personalities of late has claimed that the Indian banking system is vulnerable and can be easily hacked.
If the government accepts recommendation of the panel established to suggest ways to promote cashless economy, charges on cash payment may be next in line.
Retirement fund body EPFO is likely to approve a proposal to hike wage ceiling for coverage under its social security schemes to Rs 25,000 per month from the existing Rs 15,000 on December 19.
The Reserve Bank of India has asked all banks to send details of fake notes detected during exchange and deposits and also main records of new bank notes in view of seizures by Income Tax Department.
While there is no denying that the government is making all efforts to fight black money and corruption through demonetisation and make India a cashless economy, one must also accept the fact that the move has been misused by many.
To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don't have cards, besides quickening card delivery period to 2-3 days.
It may sound relief to all those tax dodgers who lost the opportunity offered by Income Disclosure Scheme that allowed black money hoarders to turn their black money white by paying tax on it.
The government is soon going to make it compulsory to make salary payments to industrial workers only in cheque or direct bank transfers..
In order to nab culprit bank officials who connived with black money hoarders and help them in converting their black money into white, Finance Ministry has conducted sting operations in around 500 bank branches to expose corrupt bank employees.
The government on Sunday asked state-run banks to maintain records of deposits made in denomination of Rs 500 and Rs 1000 and other valid currencies.
After a TV channel and a website to promote digital payments, a nationwide toll-free helpline number '14444' will be launched soon to educate people and provide support related to cashless mode of transactions.
In wake of shortage of change after centre's demonetisation move, Delhi Metro has decided to temporarily hike the ceiling of smart card recharge from Rs 1,000 to Rs 2,000 from Sunday onwards.
The Finance Ministry has sent a strong message to banks, saying that no official will be spared if found involved in wrongdoing.
It was informed in Parliament on Friday that around 85 percent of ATMs in the country have been recaliberated by November 30 for the new currency notes.
Plastic currency notes will soon become a reality in India. The Parliament was informed on Friday that procurement process for required material has already begun.