Wednesday, November 9, 2016

Central Government permits Rs.500 and Rs.1000 currency notes on highway toll plazas till midnight of 11.11.2016

Central Government permits Rs.500 and Rs.1000 currency notes on highway toll plazas till midnight of 11.11.2016

The government has permitted fee collectors at toll plazas on highways to accept currency notes of Rs. 500 and Rs. 1000 denominations till the midnight of 11.11.2016. National Highways Authority of India (NHAI) has issued instructions to all the concessionaries including BOT, OMT operators and other fee collection agencies in this regard. The orders have been issued in order to avoid difficulties that may be faced by the highway users following instructions by the Ministry of Finance yesterday that currency notes of the denominations of Rs. 500 and Rs. 1000 will no longer be legal tender from 12.00 am today.

PIB

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