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The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denomination bank notes of ₹ 500 and ₹ 1000

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..... The Central Government constitutes Committees of Addl. Secretaries/Joint Secretaries/Directors for visiting States/UTs and reporting about the status of implementation of its recent decision relating to cancellation of legal tender of high denomination bank notes of ₹ 500 and ₹ 1000 - News and Press Release Dated:- 22-11-2016 - News - The Central Government has decided to constitute .....

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..... teams of Add​itiona​l Secretaries/Joint Secretaries/Directors with each team consisting of up to 2 to 3 officers for each State/UT, to visit the States/UTs and report back to the Government,status of implementation of the Government s decision relating to cancellation of the legal tender character of high denomination bank notes of ₹ 500 and ₹ 1000 denominations w.e.f. f .....

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..... rom the expiry of 08th November, 2016. These teams would visit the States allocated to them for a period of at least 2 days and tour across the State during their visit. Each of the officers would visit different areas of the State/UT separately.The focus may be on the rural areas. The teams would, inter alia, assess the status of implementation of the decision and will cover the following .....

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..... points: (i) Currency availability across the State in the network of bank branches,ATMs and post offices. (ii) Facilities at bank branches and post offices for deposit/withdrawal/exchange of currency. (iii) Status of calibration of ATMs to dispense ₹ 2000 and ₹ 500 currency notes. (iv) Impact of the decision on various segments/ sectors i.e. household .....

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..... s, agriculturists, wage earners, traders, transportation, industries, informal sectors, small business, etc. (v) Any other issue which the team considers important including the nature of problems faced. The team would submit a report on the above points and also the general outlook and challenges arising out of implementation of the scheme. The teams would visit the State/UT alloca .....

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..... ted to them at the earliest and give their reports to the Department of Economic Affairs, Ministry of Finance by 25th November, 2016. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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