Old notes of Rs 500 and Rs 1,000 acceptable till November 24

New Delhi: Finance Ministry, on early Monday morning announced that the demonetized notes​ of Rs 500 and Rs 1000 would be acceptable at government hospitals, petrol stations and toll booths till November 24.

The old notes can also be used for making payments in private and state pharmacies, to make bill payment in water and electricity utilities, railways ticketing and onboard catering.

The government also suspended payment of toll tax on National Highways till midnight of November 18.

Economic Affairs Secretary Shaktikanta Das announced on Monday, after the meeting held at Prime Minister Narendra Modi’s residence with senior ministers past midnight to review demonetisation and its impact.

In reality, many private hospitals, petrol stations and some other businesses are not flatly refusing to accept the old Rs 500, Rs 1000 currency notes, but are insisting on exact payment on the pretext that they do not have smaller denomination notes.

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Source:Zee news

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