From June 30 2011, 50 paise will be the minimum coin accepted in the markets as all denominations below it will cease to be legal currency. Also, the entries in books of accounts, pricing of products, services and taxes should be rounded off to 50 paise or whole rupee from that date. The Death of 25 paisa starts from June 30,2011 onwards
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25P as it is is no longer accepted any where in the market these days, so where does June’11 deadline come in the picture? Anyone who has used this coin in the last year or so kindly update.
Will it Applicable at Stock Market too…?
And if so than How the Trade will Done In Penny Stocks…?
Devaluation of Money..
Soon expect 50 paise to disappear!