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NEWS ON NEW CURRENCY
RBI'S REBUTTAL OF RUMOURS ON NEW CURRENCY NOTES
PM RELEASES NEW SERIES OF COINS
RBI SCOTCHES RUMOURS ON NEW DESIGN CURRENCY NOTES :
PM RELEASES NEW SERIES OF COINS
Dated 07.06.2022 : Many newspapers and media houses had reported , based on unofficial sources , that Reserve Bank of India ( RBI ) had recommended to the Government of India for issue of new currency notes with images of famous personalities other than Mahatma Gandhi . The names included Nobel Laurette Sri Rabindranath Tagore and Former President Sri A.P.J . Abdul Kalam . The news further stated that GOI is actively considering the proposal .
Now RBI has put an end to such rumors by rebutting the news and by stating that there is no such proposal in the Reserve Bank . Hence RBI will continue to issue currency notes only with the image of Mahatma Gandhi , the father of the nation .
In another development , Prime Minister Sri Narendra Modi released yesterday a series of new coins of Re 1, Rs 2, 5, 10 and 20 denominations which will have the Azadi Ka Amrit Mahotsav (AKAM) design . They are not commemorative coins and will be part of circulation.
PM RELEASES NEW SERIES OF COINS
Dated 07.06.2022 : Many newspapers and media houses had reported , based on unofficial sources , that Reserve Bank of India ( RBI ) had recommended to the Government of India for issue of new currency notes with images of famous personalities other than Mahatma Gandhi . The names included Nobel Laurette Sri Rabindranath Tagore and Former President Sri A.P.J . Abdul Kalam . The news further stated that GOI is actively considering the proposal .
Now RBI has put an end to such rumors by rebutting the news and by stating that there is no such proposal in the Reserve Bank . Hence RBI will continue to issue currency notes only with the image of Mahatma Gandhi , the father of the nation .
In another development , Prime Minister Sri Narendra Modi released yesterday a series of new coins of Re 1, Rs 2, 5, 10 and 20 denominations which will have the Azadi Ka Amrit Mahotsav (AKAM) design . They are not commemorative coins and will be part of circulation.
NEW CURRENCY RELEASED BY RBI
RBI TO ISSUE RS 10 BANK NOTES SIGNED BY THE NEW GOVERNOR
Dated 21.05.2019 : Reserve bank of India will issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender.
Salient features of the ₹10 bank notes are
OBVERSE :
1. See through register with denominational numeral 10
2. Denominational numeral १० in Devnagari,
3. Portrait of Mahatma Gandhi at the centre,
4. Micro letters 'RBI', ‘भारत ', ‘INDIA' and '10',
5. Windowed demetalised security thread with inscriptions ‘भारत’ and RBI,
6. Guarantee Clause, Mr Shaktikanta Das , Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,
7. Ashoka Pillar emblem on the right,
8. Mahatma Gandhi portrait and electrotype (10) watermarks,
9. Number panel with numerals growing from small to big on the top left side and bottom right side.
10. Dimension of the banknote will be 63 mm x 123 mm.
REVERSE :
11. Year of printing of the note on the left,
12. Swachh Bharat logo with slogan,
13. Language panel,
14. Motif of Sun Temple, Konark,
15. Denominational numeral १० in Devnagari.
Dated 21.05.2019 : Reserve bank of India will issue ₹10 denomination Banknotes in Mahatma Gandhi (New) Series bearing the signature of Shri Shaktikanta Das, Governor. The design of these notes is similar in all respects to ₹10 banknotes in Mahatma Gandhi (New) Series. All banknotes in the denomination of ₹10 issued by the Reserve Bank in the past will continue to be legal tender.
Salient features of the ₹10 bank notes are
OBVERSE :
1. See through register with denominational numeral 10
2. Denominational numeral १० in Devnagari,
3. Portrait of Mahatma Gandhi at the centre,
4. Micro letters 'RBI', ‘भारत ', ‘INDIA' and '10',
5. Windowed demetalised security thread with inscriptions ‘भारत’ and RBI,
6. Guarantee Clause, Mr Shaktikanta Das , Governor's signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait,
7. Ashoka Pillar emblem on the right,
8. Mahatma Gandhi portrait and electrotype (10) watermarks,
9. Number panel with numerals growing from small to big on the top left side and bottom right side.
10. Dimension of the banknote will be 63 mm x 123 mm.
REVERSE :
11. Year of printing of the note on the left,
12. Swachh Bharat logo with slogan,
13. Language panel,
14. Motif of Sun Temple, Konark,
15. Denominational numeral १० in Devnagari.
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RBI INTRODUCES RS 100 BANK NOTE IN MAHATMA GANDHI ( NEW ) SERIES
Dated 20.07.2018 : RBI WILL INTRODUCE SHORTLY RS 100 CURRENCY NOTES IN MAHATMA GANDHI ( NEW ) SERIES BEARING SIGNATURE OF DR URJIT.R PATEL , GOVERNOR OF RBI . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED WHICH HAS LAVENDER COLOUR AND HAS MOTIF OF " RANI KI VAV " , GUJARAT ON REVERSE . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 100 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS .
FEATURES : FRONT
1. See through register and with denominational numeral 100
2. Latent imgage with denominational numeral 100
3. Denominational numeral १०० in Devnagari
4. Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’ , भारत 'INDIA ' and ‘100’
6. Windowed demetalised security thread with inscriptions ‘भारत’, RBI with colour shift , colour of the thread changes from green to blue when note is tilted .
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait .
8. Ashoka Pillar emblem on the right
9. Mahatma Gandhi portrait and electrotype (100 ) watermarks.
10. Number panel with numerals growing from small to big on the top left side and bottom right side .
11. For visually impaired
Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised triangular Identification mark with micro text 100 , four angular bleed lines on both right and left sides .
FEATURES OF RS 10 BACK
12. Year of printing of the note on the left
13. Swachh Bharat logo with slogan
14. Language panel
15. Motif of Rani ka Vav
16. Denominational numeral १०० in Devnagari
Dimension of the banknote will be 66 mm × 142 mm
RBI explains various security features available in their currency notes through this page
Dated 20.07.2018 : RBI WILL INTRODUCE SHORTLY RS 100 CURRENCY NOTES IN MAHATMA GANDHI ( NEW ) SERIES BEARING SIGNATURE OF DR URJIT.R PATEL , GOVERNOR OF RBI . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED WHICH HAS LAVENDER COLOUR AND HAS MOTIF OF " RANI KI VAV " , GUJARAT ON REVERSE . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 100 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS .
FEATURES : FRONT
1. See through register and with denominational numeral 100
2. Latent imgage with denominational numeral 100
3. Denominational numeral १०० in Devnagari
4. Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’ , भारत 'INDIA ' and ‘100’
6. Windowed demetalised security thread with inscriptions ‘भारत’, RBI with colour shift , colour of the thread changes from green to blue when note is tilted .
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait .
8. Ashoka Pillar emblem on the right
9. Mahatma Gandhi portrait and electrotype (100 ) watermarks.
10. Number panel with numerals growing from small to big on the top left side and bottom right side .
11. For visually impaired
Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised triangular Identification mark with micro text 100 , four angular bleed lines on both right and left sides .
FEATURES OF RS 10 BACK
12. Year of printing of the note on the left
13. Swachh Bharat logo with slogan
14. Language panel
15. Motif of Rani ka Vav
16. Denominational numeral १०० in Devnagari
Dimension of the banknote will be 66 mm × 142 mm
RBI explains various security features available in their currency notes through this page
TAX PLANNING FOR FY 2022-23 ( AY 2023-24 )
Comprehensive Article on Income tax changes in Rules, Rates , Slabs , Rebates and Estimation
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RBI INTRODUCES RS 10 BANK NOTE IN MAHATMA GANDHI ( NEW ) SERIES
Dated 06.01.2018 : RBI WILL INTRODUCE SHORTLY RS 10 CURRENCY NOTES IN MAHATMA GANDHI ( NEW ) SERIES BEARING SIGNATURE OF DR URJIT.R PATEL , GOVERNOR OF RBI . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED WHICH IS CHOCOLATE BROWN IN COLOUR AND HAS MOTIF OF SUN TEMPLE , KONARK ON REVERSE . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 10 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS .
FEATURES : FRONT
1. See through register and with denominational numeral 10
2. Denominational numeral १० in Devnagari
3. Portrait of Mahatma Gandhi at the centre
4. Micro letters ‘RBI’ , भारत 'INDIA ' and ‘10’
5. Windowed demetalised security thread with inscriptions ‘भारत’, RBI .
6. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait .
7. Ashoka Pillar emblem on the right
8. Mahatma Gandhi portrait and electrotype (10 ) watermarks
9. Number panel with numerals growing from small to big on the top left side and bottom right side .
FEATURES OF RS 10 BACK
10. Year of printing of the note on the left
11. Swachh Bharat logo with slogan
12. Language panel
13. Motif of Sun Temple , Konark
14. Denominational numeral १० in Devnagari
Dimension of the banknote will be 63 mm × 123 mm
RBI explains various security features available in their currency notes through this page
RBI INTRODUCES RS 200 BANK NOTE IN MAHATMA GANDHI ( NEW ) SERIES
Dated 24.08.2017 : RBI WILL INTRODUCE ON 25.08.2017 RS 200 CURRENCY NOTES IN MAHATMA GANDHI ( NEW ) SERIES BEARING SIGNATURE OF DR URJIT.R PATEL , GOVERNOR OF RBI . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED WHICH IS BRIGHT YELLOW IN COLOUR AND HAS MOTIF OF SANCHI STUPA . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 200 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS .
FEATURES : FRONT
1. See through register and Latent Image with denominational numeral 200
2. Denominational numeral २०० in Devnagari
3. Portrait of Mahatma Gandhi at the centre
4. Micro letters ‘RBI’ , भारत 'INDIA ' and ‘200’
5. Windowed demetalised security thread with inscriptions ‘भारत’, RBI with colour shift . Colour of the thread changes from green to blue when note is tilted .
6. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait .
7. Ashoka Pillar emblem on the right
8. Mahatma Gandhi portrait and electrotype (200 ) watermarks
9. Number panel with numerals growing from small to big on the top left side and bottom right side .
For visually impaired
Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, raised Identification mark ' H ' with micro text 200 , four angular bleed lines with two circles in between the lines both on the right and left sides .
FEATURES OF RS 200 BACK
10. Year of printing of the note on the left
11. Swachh Bharat logo with slogan
12. Language panel
13. Motif of Sanchi stupa
14. Denominational numeral २०० in Devnagari
Dimension of the banknote will be 66 mm × 146 mm
RBI explains various security features available in their currency notes through this page
RBI INTRODUCES RS 50 BANK NOTE IN MAHATMA GANDHI ( NEW ) SERIES
Dated 19.08.2017 : RBI WILL SHORTLY INTRODUCE NEW SERIES OF RS 50 CURRENCY NOTES IN MAHATMA GANDHI ( NEW ) SERIES BEARING SIGNATURE OF DR URJIT.R PATEL , GOVERNOR OF RBI . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED WHICH IS FLORESCENT BLUE IN COLOUR AND HAS MOTIF OF HAMPI WITH CHARIOT . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 50 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS .
The existing currency notes of Rs 50 continue to be legal tenders.
FEATURES : FRONT
1. See through register with denominational numeral 50
2. Denominational numeral ५० in Devnagari
3. Portrait of Mahatma Gandhi at the centre
4. Micro letters ‘RBI’ , भारत 'INDIA ' and ‘50’
5. Windowed demetalised security thread with inscriptions ‘भारत’, RBI
6. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right of Mahatma Gandhi portrait .
7. Ashoka Pillar emblem on the right
8. Mahatma Gandhi portrait and electrotype (50 ) watermarks
9. Number panel with numerals growing from small to big on the top left side and bottom right side
FEATURES OF RS 50 BACK
10. Year of printing of the note on the left
14. Swachh Bharat logo with slogan
15. Language panel
16. Motif of Hampi and chariot
17. Denominational numeral ५० in Devnagari
Dimension of the banknote will be 66 mm × 135 mm
RBI explains various security features available in their currency notes through this page
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New Rs 2000 Note Front and Back
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RBI HAS NOW INTRODUCED NEW SERIES OF RS 500 AND RS 2000 CURRENCY NOTES , IN PLACE OF NOW DEFUNCT RS 500 AND RS 1000 NOTES . THE RBI HAS ALSO RELEASED THE FEATURES OF NEW CURRENCY NOTES ISSUED . TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 2000 NOTES , CLICK HERE TO REACH RBI SITE GIVING DETAILS . SIMILARLY TO KNOW FULLY ABOUT THE FEATURES OF NEW RS 500 NOTES , CLICK HERE
FEATURES OF RS 2000 : FRONT
1. See through register with denominational numeral 2000
2. Latent image with denominational numeral 2000
3. Denominational numeral २००० in Devnagari
4. Portrait of Mahatma Gandhi at the centre
5. Micro letters ‘RBI’ and ‘2000’ on the left side of the banknote
6. Windowed security thread with inscriptions ‘भारत’, RBI and 2000 on banknotes with colour shift. Colour of the thread changes from green to blue when the note is tilted
7. Guarantee Clause, Governor’s signature with Promise Clause and RBI emblem towards right
8. Denominational numeral with Rupee Symbol, ₹2000 in colour changing ink (green to blue) on bottom right
9. Ashoka Pillar emblem on the right
Mahatma Gandhi portrait and electrotype (2000) watermarks
10. Number panel with numerals growing from small to big on the top left side and bottom right side
For visually impaired
Intaglio or raised printing of Mahatma Gandhi portrait, Ashoka Pillar emblem, bleed lines and identity mark
11. Horizontal rectangle with ₹2000 in raised print on the right
12. Seven angular bleed lines on left and right side in raised print
FEATURES OF RS 2000 BACK
13. Year of printing of the note on the left
14. Swachh Bharat logo with slogan
15. Language panel towards the centre
16. Motif of Mangalayan
17. Denominational numeral २००० in Devnagari
Dimension of the banknote will be 66 mm × 166 mm
FEATURES OF NEW RS 500
The new ₹ 500 banknotes are different from the earlier specified bank note (SBN) series in colour, size, theme, location of security features and design elements; the principal features are –
- The size is 66mm x150mm
- The colour is stone grey
- Red Fort-an image of Indian heritage site with Indian flag on the reverse
NEW NOTES OF RS 20 , RS 50 and Rs 100 TO BE ISSUED
Dated 06.12.2016 : RBI said that they will issue new currency notes of Rs 100 WITH NUMERALS IN ASCENDING ORDER and without inset letters in both the number panels . The old notes of Rs 100 will continue to be legal tender . The design of new notes of new bank notes will be similar to that of old notes ,but with enlarged identification features and ascending size of numerals in number panels , bleed lines and enlarged identification mark on the obverse . . New notes will carry signature of RBI Governor Mr Urjit Patel .
Dated 05.12.2016 : RBI said that they will issue new currency notes of Rs 20 and Rs 50 WITH NUMERALS IN ASCENDING ORDER in the number panels without intaglio printing . The old notes of Rs 20 and Rs 50 will continue to be legal tender . The design and features of new bank notes will continue be that of old notes . The Rs 20 new notes will have inset letter L in both number panels . New notes will carry signature of RBI Governor Mr Urjit Patel .
It is hoped that augmentation of lower denominated notes will help in mitigating the problems faced by public in carrying low value cash transaction
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