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(Discussion) Rs 500 and Rs 1000 notes will no longer be legal tender, says PM Modi

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jeevanreddy58

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=....

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Deal Major Deal Major
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https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif how can he do so all of a sudden…
Deal Lieutenant Deal Lieutenant
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@desidude2013 wrote:

https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif how can he do so all of a sudden…

He gave 50 days.. It seems you have more money.. just kidding https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Deal Subedar Deal Subedar
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Give link source of this article

Deal Major Deal Major
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@jeevanreddy58 wrote:

@desidude2013 wrote:

https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif how can he do so all of a sudden…

He gave 50 days.. It seems you have more money.. just kidding https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif


50 days to deposit in banks but currency is discontinued

he could have done from January 1 2017

Deal Major Deal Major
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Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank evil

Deal Major Deal Major
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Notes of Rs 2000 & Rs 500 to be circulated, #RBI has decided to limit notes with higher value: PM
https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Not more than Rs 10,000 daily and not more than Rs 20,000 weekly can be removed from accounts.

Blogger Blogger
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how much money in cash you have , why you are so troubled , a common man have not crore rs in cash .

Deal Lieutenant Deal Lieutenant
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@Beinghuman wrote:

Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif r u crazy

do u having lots of black money https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

anyway date will likely to increase 31 dec to 31 march

we have seen this kind of extension before

In short term we will get bit trouble which modi ji already said aap logo taklif ko dhyan nahi rakhte hue shayog karenge https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

I Think its very good step in long term

mostly fake note come from pakistan nepal

black money all will vainish

Many Businessman will get bankrupt who avoid tax keep work without paper

Perfectionist Perfectionist
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Channel Alert
Info: 500 and 1K rupee notes cease to [be] legal tenders from midnight. Read details!


Additional details: We get 50 days to deposit the 500 and 1K notes to banks.

OMG! Read the full article here: http://www.thehindu.com/news/national/live-nare...

Blogger Blogger
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now no more fake notes , new notes will be launched with extra security to stop ISI game .

and those who have black money in cash will have to face big problem bcoz of this step , but common man having white money have to suffers little bit , but in future it will be good as fake currency is only causing loss to common people , so for our benefit we can do that .

Deal Major Deal Major
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@goyal.dkg wrote:

how much money in cash you have , why you are so troubled , a common man have not crore rs in cash .


not crores buddy…. but all of a sudden this happens….

Live updates
http://www.dnaindia.com/india/live-updates-brea...

Helpful Helpful
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Whole Nation Watching!

Politicians Shocked and Stranded https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

Deal Cadet Deal Cadet
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watch out eBay now….. Now Rs 500/1000 selling at 50% discount

Shopping Friend Shopping Friend
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https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif
Deal Subedar Deal Subedar
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@Beinghuman wrote:

Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


it is very big & good step against black money….. do u think whole black money is in swiss banks?

Deal Lieutenant Deal Lieutenant
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VU

Finally a MASSIVE move from modi no matter how ppl take it, sure it will control circulation of BLACK money for some extent…

Deal Subedar Deal Subedar
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VuNS!!

Deal Newbie Deal Newbie
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It is good step by Modi Sarkar against corruption. Some corroptionist in this thread are commenting against government. This shows the tension on the face.
😂😂😂😂

Deal Major Deal Major
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@blue wine wrote:

@Beinghuman wrote:

Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


https://cdn1.desidime.com/assets/textile-editor/icon_eek.gif r u crazy

do u having lots of black money https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

anyway date will likely to increase 31 dec to 31 march

we have seen this kind of extension before

In short term we will get bit trouble which modi ji already said aap logo taklif ko dhyan nahi rakhte hue shayog karenge https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif

I Think its very good step in long term

mostly fake note come from pakistan nepal


Forget about Black I don’t have that much White/Yellow money lol, IMO Govt could have informed well in advance, why all of a sudden ?

That’s fine and good for black money holders but what about common man, who has that much time to move post offices and banks, and why you are limiting ATM withdrawal limit all of a sudden ?

Entertainer Entertainer
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@Beinghuman wrote:

Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


Really man, this Diwali I brought 5 Bundle of crisp new 1000 Rs notes in exchange of my 50, 100 Rs denomination https://cdn3.desidime.com/assets/textile-editor/icon_sad.gif

Deal Major Deal Major
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@yureka2020 wrote:

@Beinghuman wrote:

Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank https://cdn2.desidime.com/assets/textile-editor/icon_evil.gif


it is very big & good step against black money….. do u think whole black money is in swiss banks?


Nope I didn’t say that, but what about those money lying out side ?

Deal Major Deal Major
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@ketanhemnani826 wrote:

It is good step by Modi Sarkar against corruption. Some corroptionist in this thread are commenting against government. This shows the tension on the face.
😂😂😂😂


Some useless guys are commenting Just like that without reading anything. https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Budding Star Budding Star
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KJAED https://cdn3.desidime.com/assets/textile-editor/icon_cool.gif

Deal Major Deal Major
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Bollywood TV media and Real estate too has lot of black money
https://cdn3.desidime.com/assets/textile-editor/icon_lol.gif

Perfectionist Perfectionist
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@hese wrote:

Whole Nation Watching!

Politicians Shocked and Stranded https://cdn2.desidime.com/assets/textile-editor/icon_toungueout.gif


They will be the ones in the biggest trouble, that is if they are not clued in already. https://cdn2.desidime.com/assets/textile-editor/icon_wink.gif

Deal Subedar Deal Subedar
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VU&S

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