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Banned currency News

19 Dec 2016

Govt allows use of old notes for tax payment under new income disclosure scheme

The government on Monday allowed use of junked Rs 500 and Rs 1,000 notes till December 30 for paying tax on disclosures made under the tax evasion amnesty scheme.

22 Nov 2016

Andhra Pradesh: Currency exchange gang busted, old and new notes seized

The Andhra Pradesh police have arrested a gang of 17 people including a woman and seized Rs 6,80,000 from them for allegedly exchanging banned currency on commission basis for new currency.

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