(Discussion) Rs 500 and Rs 1000 notes will no longer be legal tender, says PM Modi
- 48688
- 831
-
- Last Comment
8:32 pm: A new series of Rs. 500 currency notes and Rs. 2000 currency notes will be brought into circulation.
8:31 pm: Banks will be closed on November 9.
8:30 pm: There is no restrictions on internet banking, cash, demand draft transactions.
8:27 pm: Rs 10,000 daily cash withdrawal and Rs 20,000 weekly cash withdrawal limit
8:25 pm: There are, however, some exemptions. Government hospitals and international airports.
8:22 pm: The ATMs will not function till November 9, and in some places till November 10.
8:21 pm: People who possess Rs.500 or Rs. 1000 currency notes after December 30 can exchange it at Reserve Bank of India by providing a declaration. This is till March 31, 2017.
8:20 pm: These notes should be exchanged in banks and head post offices and sub post office within December 30, 2016, by providing a valid identity proof such as Aadhaar, PAN card or voter ID card.
8:15 pm: From midnight of November 8, 2016, Rs. 500 and Rs.1000 will cease to be legal tender. “These notes are just papers from tomorrow,” says the prime minister.
8:11 pm: Prime Minister says Rs. 500 and Rs.1000 are notes are mostly used in black money.
8:10 pm: Corruption, black money and terrorism can come in the way of a country’s robust economic growth, says the Prime Minister.
8:07 pm: He moves on from corruption to terrorism. He tells “terrorsists from across the border” are spreading counterfeit currency notes.
8:06 pm: We hear stories of how autorickshaw driver returns gold left by a passenger in his vehicle. These stories tell how common people are honest. It is only a few people engage in corruption for selfish reasons, he says.
8:05 pm: Corruption and black money are the biggest hindrances in the fight against poverty, he says adding that it is everyone’s responsibility to eradicate poverty.
8:04 pm: Mr. Modi lists out the various schemes launched by NDA government in his address to the nation. He mentions the Jan Dhan Yojana.
8:03 pm: This govt is dedicated to the poor, and will continue to do so, says the Prime Minister who completes two-and-a-half years of rule today.
8:02 pm: India has registered itself as a bright spot, and its not that this is a claim made by us, but by IMF and World Bank
8:01 pm: When we were elected in 2014, there was a discussion that among BRICS nations, the ‘I’ was wobbling, says the PM.
8:00 pm: The Prime Minister’s address to the nation has begun.
Official Press Release: http://pib.nic.in/newsite/erelease.aspx?relid=....
Deal Wiki
Share your opinion with Dimers and ask any questions you might have around the Historic Announcement.
Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight
Too Serious Discussion for You? Lighten up here: http://www.desidime.com/forums/dost-and-dimes/t...
Great decision by Modi feeling proud
#TaxpayerDiwali
Right decision
@Chotta Bheem wrote:
America counting votes
India counting notes
sehwag 
What will be the notional value of these 500 and 1000 denomination notes.. 30 years down the line?
@rockindeepak wrote:
@desidude2013 wrote:
:evil: how can he do so all of a sudden…😂 . Coz he is PM
Post Master Chaiwala of 1940’s
Tata Power – Dear Mumbai Consumers, As per notification by Govt. of India, currency notes of Rs.500 & Rs.1000 will not be accepted
Future is bright, only for crony capitalists 
Modi promised he would bring ‘change’. Sadly none of us ever got his sarcasm 
Modi played the TRUMP card
Poori india HILLARY hai 
😂
31 DEC से पहले जियो free
@madys007 wrote:
Also if gov is that much concerned abt black money they might be place all CA should be appointed by them only… Who will have targets lyk marketing ppl…
yes may be many ppl ignored this , but all CA (lobby or institutions) should be now fully controlled by direct PMO , many scams shows this . OR there should be CAG control completely .
Bobby: Trump: I am going to hog the limelight
today.
Modi: Bro, please.
@bonny42 wrote:
Modi promised he would bring ‘change’. Sadly none of us ever got his sarcasm
Ppl were warned about this and were requested to bring uo money @30% tax..those who did are enjoying those who didnt are crying
Good step!! But govt should have been first done some suvidha before this
Its a whole trouble for aam aadmi now !!
Now almost many people are near ATM today !
The f*** thing is that AtM are closed in mumbai near my home and people are fighting for those 100rs notes !!
Now what should aam admi do !!
Atleast they should have first done better preparation with banks about this and then given the news so that people dont get such panic
09/11 such a bad day
for common people and farmer and who have no bank account or plastic card account ..
@gambits wrote:
2 mins of silence for people who placed COD order from @amazonIN @Flipkart @snapdeal and others.
OMG
didn’t think about this
Delhi pollution increases due to burning of 500 and 1000 notes.
Do u really think that rich people are gonna go to bank and deposit there black money they burn there money but don’t deposit it pls grow up don’t u agree with me…😎😎😎😎
Indian currency now in Space grey and Rose gold 
I was really happy hearing news about 1000rs and 500 rs notes but happiness was for short while after reading news that new 500 rs and 2000rs notes will come into existence.I m not sure how they gonna curb black money introducing 2000rs notes for future
@MovieSeeker wrote:
@gambits wrote:
2 mins of silence for people who placed COD order from @amazonIN @Flipkart @snapdeal and others.
OMG
They have to ensure availability
And carrying facility for 100 rs note.
@suryan wrote:
I was really happy hearing news about 1000rs and 500 rs notes but happiness was for short while after reading news that new 500 rs and 2000rs notes will come into existence.I m not sure how they gonna curb black money introducing 2000rs notes for future
Nano chips.
😝😂😉😂😝😂😝😂
अलग अलग बैंको में 3अकाउंट है सब में 0(जीरो) बैलेंस है।
संकट की इस घड़ी में किसी के काम आ सकता हूँ तो जरुर सम्पर्क करें।
😝😂😝😂😝😂😝😂
Man goes to ATM after the news.
Smartly punches in Rs 400 for withdrawal.
Machine gives him a Rs 1000 note.
Message on screen – "Keep the change "
Ashamed to be an Indian.
The kind of unprofessional things go on in this country, just getting tired to take these any more.
1000 rs note !
Give link source of this article
 Rs 500 and Rs 1000 notes will no longer be legal tender, says PM Modi for Rs. at Government of India){kind=link}
 Rs 500 and Rs 1000 notes will no longer be legal tender, says PM Modi for Rs. at Government of India){kind=link}
😂 . Coz he is PM