MM TAX CLUB

Accounting & Tax Consultancy Firm

Can ₹2000 banknotes be used for normal transactions?

can use 2000 bank note

Yes. As per the recent FAQ from the RBI on withdraw the ₹2000 denomination banknotes from circulation.

Members of the public can continue to use ₹2000 banknotes for their transactions and also receive them in payment. However, they are encouraged to deposit and/or exchange these banknotes on or before September 30, 2023.

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