Tag: Old notes

Allow people with valid reasons to deposit demonetised notes: SC asks govt

Rs 10,000 fine for holding onto old notes

Holding more than 10 demonetised notes of Rs 500 or Rs 1000 will now be punishable with a minimum of Rs 10,000 fine, the government has said on Thursday. This comes a day after after the initial ruling had said that there would be a fine of Rs 50,000 and 4 years[Read More…]

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