Exemptions on use of old Rs 500 notes to end from midnight today

New Delhi: Exemptions on use of old Rs 500 currency notes will end December 15 midnight. The Centre will not extend the deadline for activities such as paying utility bills, school fees and fees in Central or State Government colleges.

"Exemptions for use of old Rs 500 notes will end on 15 Dec midnight," economic affairs secretary Shaktikanta Das tweeted.He also said that people can continue depositing the old 500 and 1,000 rupee notes at bank branches.

The Centre had already withdrawn the facility to use old Rs 500 notes at petrol pumps from the midnight of December 2.