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RBI in its recent notification has notified that it will terminate the circulation of it's ₹2000 note. However, it continues to be a legal tender. Also, requests the citizens to submit or exchange the currency notes with banks on or before 30th September 2023.
The Central Board of Indirect Taxes and Customs (CBIC) has reduced the applicability threshold for e-Invoices from Rs. 10 Crores to Rs. 5 Crores. The said limit shall be applicable from 1st August, 2023.