I read this in an online version of an Indian newspaper today:
Finance minister Arun Jaitley and key ministry officials will go into a lockdown in the first week of January for budget preparations
So what is happening about the proposed acceptance of old notes by the central bank from the beginning of 2017? Have they announced rules / procedures for that yet? If not, when will this be announced, especially in the light of the above news.
So how long will those foreign residents who were unable to return to India by 2016, have to spend in India to queue up at the RBI to get their own money back?
Truly Incredible India!