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Submission of old currency notes of ₹ 500 and ₹ 1000; The grace period for Indian citizen residing in India is March 31 2017 and for Indian citizen resident outside is June 30 2017

News and Press Release - Dated:- 10-3-2017 - The Specified Bank Notes (Cessation of Liabilities) Ordinance 2016 was promulgated by the President of India (GoI Ordinance No. 10 of 2016 dated December 30, 2016) and it came into effect from December 31, 2016. Subsequently, the Specified Bank Notes (Cessation of Liabilities) Act, 2017 was notified on 28th February, 2017. A grace period has been provided during which the Specified Bank Notes can be deposited in accordance with this Ordinance/Act by I .....

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