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CBIC fined Rs. 50,000 for shops that don’t display their GST numbers.

Businesses in Bathinda, Punjab, that are registered on the GST network portal are required to show their GST numbers at their locations in order to avoid a punishment of up to Rs 50,000, according to the Central Board of Indirect Taxes and Customs (CBIC). The CBIC is running a campaign for GST verification through September…

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The RBI will Stop Printing new Rs. 2,000 notes, but they will still be accepted as legal cash.

RBI: 2000 RUPEE DENOMINATION BANKNOTES – WITHDRAWAL FROM CIRCULATION; WILL CONTINUE AS LEGAL TENDER RBI: IT HAS BEEN DECIDED TO WITHDRAW THE 2000 RUPEES DENOMINATION BANK NOTES FROM CIRCULATION  RBI: THE BANK NOTES IN 2000 RUPEES DENOMINATION WILL CONTINUE TO BE LEGAL TENDER RBI: BANKS MAY EXCHANGE 2000 RUPEES BANKNOTES UPTO A LIMIT OF 20,000…