Demonetisation: A ready reckoner
Written By Wion Web Desk
Published: Nov 22, 2016, 02:58 IST | Updated: Nov 22, 2016, 02:58 IST
Here are a few facts to bear in mind before you head to a bank or an ATM machine to withdraw or exchange your money. Saurabh Goenka reports
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With the announcement of demonetisation, people are rallying in front of banks to exchange their old currency.
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The government extended the use of old defunct Rs 500 and Rs 1,000 notes for paying household utility bills, fuel, taxes and fees etc.
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The government has laid down limits on the amount of money that can be withdrawn from banks, ATMs to ease liquidity crunch in the Indian economy.
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With the on-going marriage season in India, government has announced some special provisions to ease withdrawal of money for the bride and groom.
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The central government employees have received some reprieve from the government under the ongoing liquidity crunch due to demonetisation.
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