(Discussion) Rs 500 and Rs 1000 notes will no longer be legal tender, says PM Modi
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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...
पंतप्रधाना कडे एव्हढे अधिकार असतात आजच कळल
- मनमोहन सिंग…😂Paytm also sending notifications asking everyone to load money to Paytm wallets so that we will need it tomorrow.
#Marketing strategy
@goyal.dkg wrote:After all CA is the main person who give clues and ways to hide mony frm govt.. If that happen govt control will defiantly boom…
@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 .
Some where I red that the govt is also thinking to do financial yr should be from 1 Jan to 31 DEC..
2000 is a big denomination. the bigger the value the better it is for corruption.don’t know what security features are available and if they will b secure in the future.
Well
Suddenly banned notes are too harresing… give times for peopls
@dealwinner wrote:
Most important feature is NGC..you can not keep(store) more money at one place, will automatically reduce Black money..you have store in your bank only.. Do read about that Chip..its amazing to know about it..
@syaml302228 wrote:NGC -Nano GPS Chip@dealwinner wrote:Most important feature is NGC..you can not keep(store) more money at one place, will automatically reduce Black money..you have store in your bank only.. Do read about that Chip..its amazing to know about it..
It’s good and bad. Good that fake Currency will be stopped (I don’t remember when I got a fake note). Most of the clever people who got black money won’t be storing in the form of liquid cash. It’s either gold or the property etc. People who are not knowing about how to keep the money only will get into problems.
Now, new tax may be imposed soon towards printing new notes
Good decision as they are bringing plastic notes
Modi ne kiya apna vada pura…
Ab har account me honge 15 lakh
Khud jama karao😂😂😂
अब यह अफवाह कोन फैला रहा है कि,,
अब बाबा रामदेव ,,
पतंजलि के नोट छापेंगे।।😂😂😂😂😂
No problem to me…but worrying about sharad pawar
Our mobiles with big chips are not able to find the location Correctly and people thinking that this small chip under the bed or coat can find the location of money
@syaml302228 wrote:Thanks buddy but I heard that daily limit of 2k per day have been there@aakash dagha wrote:
How much money can a person deposit in the bank on daily basis?As much as you can..but with valid details..
@Alpha.Barood wrote:Kal amazon wala ayega Rs 124 dene hai use … Please give me Rs 1000 change
1000 rs note !
@aakash dagha wrote:I think that’s for exchanging ,not for depositing..@syaml302228 wrote:Thanks buddy but I heard that daily limit of 2k per day have been there@aakash dagha wrote:
How much money can a person deposit in the bank on daily basis?As much as you can..but with valid details..
आज ज्यांना शांत झोप लागणार ते सर्वात श्रीमंत 😀😀😀👍
500 – 1000 च्या नोटा बदली करण्यामुळे शासकीय अधिकारी, राजकारणी, गुजराती, मारवाडी आणि बाकि रोखीने व्यवहार करणारे हे घाबरले आहे. आपणास जर कोणी बँकेत पैसे बदली करायला दिले तर जाऊ नका. 5-10% कमिशन देऊन हे लोक नोटा बदली करतील. लाखला 5000 हजार असा भाव चालू आहे. तुमचे पॅन कार्ड, आधार कार्ड बँक मध्ये दाखवावे लागते. त्यामुळे 6 महिन्यात तुम्हाला अटक होऊ शकते. कुठल्याही बँकेत जर पैसे जमा केले तरी इन्कम टॅक्स विभाग यावर बारीक लक्ष ठेवणार आहे. या येणाऱ्या 3 महिन्यात भारत वेगळ्या उंचीवर जाणार आहे. काही अधिकारी, नेते, बिल्डर यांच्याकडे कितीतरी हजारो करोडो कॅश घरी पडून आहे. सामान्य माणसाला याचा खूप फायदा होणार आहे. काही लोक या नोटा जाळून टाकतील, असाही अंदाज व्यक्त केला जात आहे.
- : श्रीनिवास देशपांडे,
चार्टड अकाउंट,
ऍक्सिक्स बँक,
भारत🇮🇳
@rajeshkumarpv wrote:
Our mobiles with big chips are not able to find the location Correctly and people thinking that this small chip under the bed or coat can find the location of money
Don’t just have common denial opinion..Do read n understand about it..I don’t know, how its make you to deny this step..Have some national interest before personal interest..
मुझे बाहर निकालो मुझे भी नोट बदलने हैं
आसाराम बापू😰😰😰
I have a collection of 500-1000 currency notes ending with (or contains) lucky number 786. Any interested person who is willing to buy them can contact me via pm. Or tag me here.. Thanx
I don’t have the time to go through the entire thread, but here is my take on the issue
1. It’s not seriously going to impact the black money as most of it is stored in foreign banks
2. It may temporarily counter the circulation of counterfeit currency till Pakistan starts printing new counterfeit currency again
3. 500 and 1000 notes constitute 85% of currency in circulation, so expect big inconvenience to common man and petty traders
4. Most of the local black money is not permanently kept under the bed but in benami properties and accounts and such people know how to manage it
5. Impact on forthcoming assembly elections is not clear but expect a lesser spending by non BJP parties, as of now
Good step by modi sir, next india ..also become reach country.
Superb idea
Excellent work of black money
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
This proves more karma does not mean well read.
@rajeshkumarpv wrote:
Our mobiles with big chips are not able to find the location Correctly and people thinking that this small chip under the bed or coat can find the location of money
People are not saying on their own , they are only quoting the description of the technology. Go to Google or Stanford university website. LEARN.