500 Rupees Note: After the Rs 2000 note went out of circulation, now the 500 rupee note has become the biggest note. Now this news is coming out whether Rs 500 note can also be taken out of circulation or not
New Delhi: Several major decisions have been taken by the Central Government regarding notes. Recently the government has decided to remove Rs 2000 notes from circulation.
Now the Finance Ministry has said a big thing in the Lok Sabha regarding currency notes. So you should also know whether the government is now taking a decision to remove even Rs 500 note from circulation…?
The Ministry of Finance has given a big update on the notes of Rs 500, 1000, 2000 in the Lok Sabha. According to the information received from the Reserve Bank, you can exchange Rs 2000 note till 30 September 2023.
The Ministry of Finance told in the Lok Sabha that the deadline for exchanging Rs 2000 notes in banks is till September 30, 2023 and the government is not considering any proposal to extend it.
Will Rs 500 note also be banned?
Let us tell you that the media has asked the Finance Ministry whether the government will also ban Rs 500 notes to curb black money…? Let us tell you that the government is banning big notes to stop black money.
At present, Rs 500 denomination note is the biggest in the market, so can Rs 500 note also be banned in the coming days? At present the Finance Ministry has said that no such scheme has been considered.
Demonetization happened for the first time in 2016
Modi government had taken the decision of demonetization for the first time in the year 2016, in which it was decided to stop the notes of Rs 500 and Rs 1000, after which the general public had to face a lot of trouble.
Now recently the government has decided to take out the Rs 2000 note from circulation, after which the question is coming up whether the government can once again bring back the Rs 1000 note. On this also the Finance Ministry has said that at present no such scheme has been considered.
