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- Rs 2,000 Notes To Be Withdrawn From Circulation, Exchange Window To Be Open Till September 30
AhmedabadA minute ago
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RBI has stopped printing 2000 notes from the year 2018-19.
2000 rupee notes will be out of circulation. After this announcement of RBI, people have started spending their notes in the market. From jewelry to grocery stores, people are reaching with Rs 2,000 notes. Some traders are hesitating to accept these notes. At the same time, some people have started looking for new opportunities in this too.
The people associated with the grocery store in Palanpur, Gujarat said that two thousand notes are welcome. Provided you buy the item for the full amount. The shopkeepers bluntly said that they will not break two thousand notes for goods worth Rs 100-500. A large number of 2000 notes are reaching the petrol pumps here.
1 crore came with 2000 notes at 190 petrol pumps
Surat’s petrol pump owner Suresh Desai told that earlier a bundle of Rs 2,000 used to come, but after the announcement of RBI, two and a half bundles arrived in a day. Ahmedabad Petrol Pump Association Chief Arvind Patel said that people spent Rs 2,000 notes worth Rs 1 crore at 190 petrol pumps in the city in a single day.
On the other hand, the bullion market of Gujarat also witnessed a boom. In the initial days of 2016 demonetisation, gold and silver were sold a lot. To avoid scrutiny and monitoring, the jewelers had made bills of less than two lakh rupees only. So that the buyer does not have to give PAN card. Now again there is a similar doubt.
People are reaching to pay tax by taking 2000 note
In Surat, a tour and travels operator’s bus was seized for one year due to non-payment of tax. He paid Rs 6.40 lakh in RTO. In this, Rs 4.50 lakh were in Rs 2,000 notes. ARTO Akash Patel told that other vehicle owners also reached with two thousand notes.
Downpayment of vehicles in 2-2 thousand notes
Even in the automobile sector in Gujarat, people are using these notes. People are calling the dealers asking whether to buy the vehicle. Will you accept 2000 note? In all the bookings done in the automobile sector in Rajkot, the down payment was done in Rs 2,000 notes.
People depositing in cash machines, increased flow in banks
A person deposited Rs 20,000 in Rs 2,000 notes late on Friday night in IDBI Bank’s cash machine. The flow of these notes was two to three percent more in the amount deposited in the banks of Palanpur. Banks will start exchanging these notes from May 23.
Also read this special news of Bhaskar related to the case…
1. Rs 2,000 note not printed for four years, now out of circulation
Nov 8, 2016 at 8 PM. Prime Minister Narendra Modi came on TV. In his speech to the nation, he said that 1000 and 500 notes will be out of circulation from 12 midnight. With his one announcement, 86% currency i.e. Rs 15.44 lakh crore notes were out of circulation in just four hours. Read full news…
2. 2000 note will be out of circulation, RBI will withdraw; Will be able to change in banks till 30 September
The Reserve Bank will withdraw the 2000 note from circulation, but the existing notes will not be invalid. 2 thousand note came in the market in November 2016. Then Prime Minister Narendra Modi had closed 500 and 1000 notes. Instead, a new note of 500 and 2000 was issued in the new pattern. Read full news…