Old Rs 500 Notes Invalid For Rail, Bus, Metro Tickets After 10 December

Railways, Metros and Bus services will not accept old Rs 500 and 1,000 notes after December 10 and the Government had earlier allowed the use of Rs 500 notes for a number of purposes including public transport, purchasing metro tickets, railway tickets till December 15.

The government withdrew use of 1,000 rupee notes for utility bill payments and discontinued use of even 500 denomination notes for services like the purchase of petrol, diesel at petrol pumps as well as for buying air tickets at airport counters.

The old 500 and 1,000 rupee notes can be used for making payments of utility bills like water and electricity and old currency notes can also use for buying mobile recharge and cooking gas.

To promote digital transactions amid cash crunch following the withdrawal of old Rs 500 and 1,000 banknotes government on Thursday waived off service tax on credit and debit transactions up to Rs 2,000.