The Reserve Bank of India (RBI) has said that Rs 2000 notes will be considered legal tender even after 30 September 2023. HDFC, SBI, PNB, South Indian Bank and Kotak Mahindra Bank have issued clarification (How To Exchange Rs 2000 Notes) regarding note exchange.

According to the RBI’s circular issued on 22 May 2023, the facility of exchange of Rs 2000 notes over the counter of banks will be provided to the public in a normal manner. Keeping in view the summer season, RBI has also advised to provide proper infrastructure like shady waiting rooms, drinking water facilities etc. in the bank branches.

State Bank of India

The largest government bank State Bank of India ( SBI 2000 Notes Change Guideline) has said that it is allowing customers to change 10 notes of Rs 2000 i.e. up to Rs 20,000. No slip or form will be asked from the customers for this. SBI said that it has been decided that Rs. 2000/- to exchange bank notes in the denomination of Rs. 20000/- will be given without any demand slip.

Punjab National Bank

According to a representative of Punjab National Bank ( PNB 2000 Notes Exchange Rule), if you are exchanging Rs 2,000 notes, you do not need to present any government-issued identity document like Aadhaar card at the bank branch. Is. Punjab National Bank has issued an official guideline saying that there is no need to fill any Aadhaar card, officially verified documents or any form, such instructions have been given to all branches of Punjab National Bank at present.

South Indian Bank

According to the Times of India, the private sector South Indian Bank2000 Notes Change Guide) ) Those who are not customers can change Rs 2,000 notes in all branches from Tuesday. But, they will submit Officially Valid Document (OVD). Similarly, the same rule will be applicable for non-KYC customers as well. South Indian Bank is headquartered in Kerala and has 940 branches across the country.

HDFC Bank

HDFC Bank (How to Exchange Notes in HDFC Bank ) said that we are providing hassle free note exchange service from 23 May 2023 to 30 September 2023 at any HDFC Bank branch. You can exchange your Rs 2000 notes with a per day limit of Rs 20,000. HDFC Bank has also issued an email regarding this to its customers.

According to the Kotak Mahindra Bank report, Kotak Mahindra Bank ( Kotak Mahindra Bank Notes Exchange Steps) has said that they are asking for form / ID proof for non-account holders in case of exchange of Rs 2,000 notes.

Note Exchange Limit

According to RBI, the limit for exchanging Rs 2000 notes at a time is Rs 20000. Means anyone can change 10 notes. This facility will continue till 30 September.

The post New Guideline Released: 5 banks including SBI issued guidelines for exchange of 2000 notes first appeared on Rightsofemployees.com.

Ration card holders have got a big shock. If you are also a cardholder, then now you will not be able to take advantage of the ration. For some time, the news of the arbitrariness of the ration depot operators keep coming to the fore, after which the government has taken a big step. Now the Food and Supplies Department is seen to be strict on this matter.

A new order has been issued by the department in this direction. Please tell that all people will have to follow these orders, those people who do not follow the government orders, they will not get the benefit of ration.

Depots will not be able to run at home-

Let us tell you that it was told in the government order that no depot operator will run a depot inside his house. Even if his house is nearby, he will run the depot in the shop itself. The power to operate the POS can be given to the family members only by making them nominees.

Government will take strict action-

Along with this, the government has said that strict action will be taken if any kind of disturbance is found. If supply has also been attached in a ward or village, then the depot operator will be able to distribute ration only by sitting at the designated place by the department.

Margin amount will be transferred to the bank accounts-

Let us tell you that if any depot operator is found doing such irregularities while inspecting the department, strict action will be taken against him. The margin amount received by the depot operators is given by the department itself, it will be given to the bank accounts by the government only.

From where can ration be distributed-

Depot operators will have to submit their account number, copy of Aadhaar card along with the application form and submit it to the department. Along with this, the depot operators will have to distribute ration at the designated place only. It was told in the departmental orders that the ration will be distributed to the consumers at the designated place where the depot has been allotted.

Related Article

The post Ration Card Latest update: Now free ration will not be available, new guideline released first appeared on Rightsofemployees.com.

Giving information, the Finance Minister has told that now no tax will be levied on your income. The Central Government has told that even a single rupee tax will not be levied on any kind of income. A complete guideline has been issued regarding this.

Will not have to pay tax

Although income up to Rs 2.5 lakh is tax free, but apart from this, there are many such incomes on which you do not have to pay a single rupee tax. Let us tell you which income is your tax free.

Gratuity is not taxed.

If a employed person leaves his company after 5 years in any organization, then he gets the benefit of gratuity. This amount is completely tax free. If we talk about government employees, then their amount up to 20 lakhs is tax free. At the same time, the amount of up to 10 lakhs of private employees is tax free.

There will be no tax on PPF and EPS, apart from this, there is no tax on PPF money. The interest received on this, the amount received on completion of the maturity period, all three are tax free. Along with this, if the employee withdraws his EPF after working continuously for 5 years, then he does not have to pay tax on this amount also.

There will be no tax on such gifts, apart from this, if you have received any family property, cash or jewelry from your parents, then it is exempt from tax. There is no tax on such gifts. If he wants to earn by investing the amount received from his parents, then he will have to pay tax on the income earned from it.

The post Income Tax Update: New guideline released! Now income tax will not have to be paid first appeared on Rightsofemployees.com.