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Centre Government announces, No more exchange old notes

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Government extends Rs 500 use till Dec 15, 500 and Rs 1000 not es stops over-the-counter exchange

Rupee-AP

New Delhi, 24 Nov 2016 : Government will stop over-the-counter exchange of old currency notes, which were made illegal earlier this month, after midnight on Nov 24, the country’s finance ministry said on Twitter.

Earlier this month the government withdrew large denomination notes in an attempt to uncover billions of dollars in undeclared wealth.

Those with old notes will still be allowed to deposit them into their bank accounts until December 31, but not permitted to do outright exchanges.

Foreign citizens will be permitted to exchange foreign currency up to Rs 5,000 a week, the ministry said.

The government had permitted various exemptions for certain transactions where payment could be made through old 500 rupees and 1,000 rupees notes. These exemptions, with some additions and modifications, will continue until December 15.

Old Rs 500 notes can be used to top up pre-paid mobile phones.

Rs 1,000 notes will not be accepted any more in exempted categories.

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PDP chief Mehbooba Mufti released from detention after 14 months

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Jammu, 13 Oct : Former Jammu and Kashmir chief minister and Peoples Democratic Party (PDP) leader Mehbooba Mufti was on Tuesday released from detention. “PDP chief Mehbooba Mufti is being released from detention,” said Jammu and Kashmir administration spokesperson Rohit Kansal.

A government order issued on Tuesday night said her detention was being revoked with immediate effect.

The Jammu and Kashmir administration in July had extended her detention by three months under the stringent Public Safety Act (PSA).

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Cinemas, theatres, multiplexes to open with up to 50% seating capacity from Oct 15

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Swimming pools for training of sportspersons to open with SOP from Oct 15

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SAD breaks alliance with BJP Leaves NDA in protest against farmers ordinance

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Chandigarh, 26 Sep : The Shiromani Akali Dal (SAD) has severed its alliance with the BJP. The Akali Dal had a 22-year-old alliance with the BJP.

The decision was taken after a meeting of the Akali Dal’s Kaur Committee which lasted for more than four hours today. Mr. Sukhbir Singh Badal addressed the press after the meeting and announced that he would no longer be a part of BJP-NDA.

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