Press release issued by indian Petroleum Dealers Association: Central Reserve bank has announced plans to withdraw Rs.2000 notes. Following this, there have been complaints that petrol stations refuse to buy Rs 2,000 notes from motorists to fill up with fuel. Therefore, motorists who bring Rs 2000 notes should not be turned away. Those motorists should be instructed to put in at least one thousand rupees worth of petrol and diesel.
This will solve the retail problem. Also, get KYC details of customers who pay Rs 2000 notes for Rs 10000 fuel refill. Also, dealers should not deposit more money in banks daily than their daily sales. Especially, don't pay Rs.2000 notes. If you do so, you will be subject to the scrutiny of the Income Tax Department. This is stated in the press release.

Following the withdrawal of the 500 and 1,000 rupee notes by the indian government, the note was issued in 2016. The opposition parties claim that PM narendra Modi's action, which was perceived as an effort to combat dark money, fell short of its intended objectives. Up to september 30th, the notes can be traded.

The 2,000-rupee note, which was the biggest denomination in circulation in india, will be taken out of circulation, but it would still be legal, according to the central bank of india on Friday. This indicates that the majority of these notes should be exchanged or put into banks by september 30 in order for the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india (RBI) to progressively remove them from circulation.

మరింత సమాచారం తెలుసుకోండి:

2000 rupee notes

S Venkateshwari

25/05/2023 08:20 AM