Highlights 1 Old Rs 500 and Rs 1,000 notes can be used to pay for utility services. 2 Old notes will also be accepted for payment of fees, charges, taxes, and penalty to central and state governments3 The government demonetised Rs 500 and Rs 1,000 notes effective November 8 midnight. Old Rs 500 and Rs 1,000 notes can be used by people towards making payment for utility services like water and electricity till November 11 midnight, the Finance Ministry said on Thursday. "Such old notes to be accepted for payment of utility charges like water and electricity till November 11 midnight. Also Read: Rs 1000 note to return with more security features, new colour, says governmentWHAT HAPPENEDThe government demonetised Rs 500 and Rs 1,000 notes effective November 8 midnight.

Source: India Today November 10, 2016 11:53 UTC