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    Demonetisation Letter To Manufacturers

    Uploaded by

    Mayank Daga
    This document is a letter from the Director (L&ED)-In-Charge of the Finance & Accounts Department of the Rubber Board to various beneficiaries in the rubber sector. It requests that individual bank accounts be opened for all beneficiaries and that all future payments be directly transferred to these accounts. This is being done to comply with the Indian government's withdrawal of Rs. 500 and Rs. 1000 currency notes and transition to a digital, cashless economy. Beneficiaries are being asked to join this transition by receiving payments via their new bank accounts.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd

    Demonetisation Letter To Manufacturers

    Uploaded by

    Mayank Daga
    17 views1 page
    This document is a letter from the Director (L&ED)-In-Charge of the Finance & Accounts Department of the Rubber Board to various beneficiaries in the rubber sector. It requests that individual bank accounts be opened for all beneficiaries and that all future payments be directly transferred to these accounts. This is being done to comply with the Indian government's withdrawal of Rs. 500 and Rs. 1000 currency notes and transition to a digital, cashless economy. Beneficiaries are being asked to join this transition by receiving payments via their new bank accounts.

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    Rubber Board Details

    Original Title

    Demonetisation Letter to Manufacturers

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    This document is a letter from the Director (L&ED)-In-Charge of the Finance & Accounts Department of the Rubber Board to various beneficiaries in the rubber sector. It requests that individual bank accounts be opened for all beneficiaries and that all future payments be directly transferred to these accounts. This is being done to comply with the Indian government's withdrawal of Rs. 500 and Rs. 1000 currency notes and transition to a digital, cashless economy. Beneficiaries are being asked to join this transition by receiving payments via their new bank accounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    17 views1 page

    Demonetisation Letter To Manufacturers

    Uploaded by

    Mayank Daga
    This document is a letter from the Director (L&ED)-In-Charge of the Finance & Accounts Department of the Rubber Board to various beneficiaries in the rubber sector. It requests that individual bank accounts be opened for all beneficiaries and that all future payments be directly transferred to these accounts. This is being done to comply with the Indian government's withdrawal of Rs. 500 and Rs. 1000 currency notes and transition to a digital, cashless economy. Beneficiaries are being asked to join this transition by receiving payments via their new bank accounts.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 1

    /Phone: 2571231 <-/e-mail:[email protected].

    in
    C/FAX: 2571380 <]/website: www.rubberboard.org.in

    c b
    (i E, hV B =tM j)
    {..x.1122, V b, E]]686 002
    THE RUBBER BOARD
    (Government of India, Ministry of Commerce & Industry)
    P.B.NO.1122, SUB JAIL ROAD, KOTTAYAM-686 002, KERALA
    FINANCE & ACCOUNTS DEPARTMENT

    No.F&A/CA/2016-17/M. 16.12.2016

    M/s.

    ...

    Sub: Opening of Individual Bank Account for the different beneficiaries


    in the rubber sector reg
    Sir,

    As you are aware that the Govt. of India vide Notification No :SO 340(E) dated
    8.11.2016, had withdrawn the currency Notes of Rs.500/- and Rs1000/-
    denominations and taken various initiatives for transition of cash based Indian
    economy to a digital payment based economy.

    Hence it has become imperative to open individual bank accounts for all the
    beneficiaries in this field and transfer all payments directly to their bank accounts.
    This will ensure smooth payment to them and give them an opportunity to join the
    process of transition towards digital payment based economy.

    In view of the above, I am directed by the Government of India to request you


    that necessary arrangements may kindly be made for transferring all payments
    directly to the bank accounts of the beneficiaries in future and ensure that they join
    the digital payment based economy at the earliest.

    Yours faithfully,

    Director (L&ED)-In-Charge

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