(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
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@Plato wrote:😱😱😱😱😱
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Really man, this Diwali I brought 5 Bundle of new 1000 Rs notes in exchange of my 50, 100 Rs denomination
@DealSeeker wrote:
@hese wrote:
Whole Nation Watching!
Politicians Shocked and Stranded
They will be the ones in the biggest trouble, that is if they are not clued in already.
Was the information a Top Secret?
Many Already Prepared?
@hese wrote:Seems to be!
@DealSeeker wrote:
@hese wrote:
Whole Nation Watching!
Politicians Shocked and Stranded
They will be the ones in the biggest trouble, that is if they are not clued in already.
Was the information a Top Secret?
Many Already Prepared?
@freekachandan wrote:
VuNS!!
Even Mallya appreciated this 
(@freekachandan DP)
@DealSeeker wrote:
@hese wrote:
Whole Nation Watching!
Politicians Shocked and Stranded
They will be the ones in the biggest trouble, that is if they are not clued in already.
No one had the clue except chosen few as Modi said.
One of the amazing decision by this Government IMO
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
And even if we will go how much time will be wasted considering a huge rush ?
Even tomorrow is a holiday, I mean who declares bank holiday without any notice ?
I think this is the boldest move made by Modi govt. Would be counted as one of the unprecedented moves ever in Indian history.
I agree common man would face lots of trouble due to this. But this would benefit the whole nation. I hope it would not have been leaked earlier to save politicians illicit wealth.
I am expecting share market to go down and bank stocks will increase daily due to large amount of deposits and less withdrawls i.e. 2k limit per day.
@Beinghuman wrote:
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
Haha no time to swap even 10-12 500₹ notes? Seems you are busier even than Modi himself.
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
@Beinghuman wrote:
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I believe you are mistaken here, you can’t swap 500 and 1000 tomorrow as you need to deposit them first and withdraw which is a different thing. FYI Banks are closed for public dealing till 10th only e-transfers will work.
Salaried persons will now be even with businessmen in terms of paying tax.
Ho hurray.
This will become a watershed moment in Indian history. This nudges India from a cash based transaction economy into a cashless transaction economy bcoz of the cash withdrawal limits. But, I guess there’ll be an uproar in the next couple of days and the deadline will keep getting extended till the end of next year. It sure is quite difficult to make this transition to a cashless system in less than 2 months.
Meri Mummy behosh ho gayi khabar sun ke. Hamaare ghar mein 50 -100 ke note hein hi nahin 
@Ezio Auditore wrote:
@Beinghuman wrote:
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
Haha no time to swap even 10-12 500₹ notes? Seems you are busier even than Modi himself.
I don’t have that **** time buddy 
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Not against you Mr. Moderator but getting money back from Swiss banks is outside the power of Indian govt. At least for now. Even USA face problems to get back and they have the highest money share in those banks.
@KuttaJi wrote:
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I don’t listen to Kids
@saurabh1 wrote:
@DealSeeker wrote:
@hese wrote:
Whole Nation Watching!
Politicians Shocked and Stranded
They will be the ones in the biggest trouble, that is if they are not clued in already.
No one had the clue except chosen few as Modi said.One of the amazing decision by this Government IMO
I have seen enough land grabs by the politicians (via proxies, of course) before development projects are announced to trust that statement even one bit. CC @hese
@Beinghuman wrote:i think you are unaware of the whole thing
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
And even if we will go how much time will be wasted considering a huge rush ?
Even tomorrow is a holiday, I mean who declares bank holiday without any notice ?
try to know more you will realise
hit to innocent comman man is nothing against its benefits
or you any better ideas to implement this?
or you think the whole concept is crap?
@Beinghuman wrote:Kh bhi kon rha h
@KuttaJi wrote:
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I don’t listen to Kids
“bujurg bachha* ”https://cdn3.desidime.com/assets/textile-editor..." alt=“lol” border=“0”/>
@KuttaJi wrote:check news it’s true guys@Beinghuman wrote:Kh bhi kon rha h
@KuttaJi wrote:
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I don’t listen to Kids
“bujurg bachha* ”https://cdn3.desidime.com/assets/textile-editor..." alt=“lol” border=“0”/>
@Ezio Auditore wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Not against you Mr. Moderator but getting money back from Swiss banks is outside the power of Indian govt. At least for now. Even USA face problems to get back and they have the highest money share in those banks.
And I thought it was very easy even I had opened a bank a/c as Modi had promised Rs15 laks in each Indian account
Just kidding, I am more worried about the trouble the common man will face.
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
you are wrong bro
i am not a Modi supporter but i saw alot of black money circulation during the Tn election 3months ago in that time.500rs and 1000rs.
Main thing to understand is people who store back money in cash instead of Land or property etc are gonna be * for sure so to a certain extent it will be definitely worth..
Why haven’t they did this all of a sudden if they informed it before the tax evaders would have made all the necessary stuff evade this too..
Having said that it won’t bring all the black money out since most culprits keep their money in Banks abroad ,Land properties,stock market iphone etc so.
So its a Gutsy move hope it sends the tax evaders a message.
PS its not a earth shattering move as Arnab is saying,if Donald Trump becomes President of USA than it will be for sure
@KuttaJi wrote:
@Beinghuman wrote:Kh bhi kon rha h
@KuttaJi wrote:
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I don’t listen to Kids
“bujurg bachha* ”https://cdn3.desidime.com/assets/textile-editor..." alt=“lol” border=“0”/>
Par Kutta toh nahi hai na ? 
Great step no doubt… with improper planning. 
11th November is not the rite date for ending the old notes at least as knowing the fact how big India is and How slow work goes in banks and post office.
And whole nation cant change their notes so quickly leaving behind all their jobs.
Many wise will be in trouble for sure.
Ground reality will be completely different.
@Beinghuman wrote:Fir shuru ho gye ap
@KuttaJi wrote:
@Beinghuman wrote:Kh bhi kon rha h
@KuttaJi wrote:
@Beinghuman wrote:You are focusing on choti problems
@anilenggworks77964 wrote:
@Beinghuman wrote:
Crap and Useless step by Govt, Pathetic. Why troubling common man… Go and bring black money from Swiss bank
Why, common man doesn’t keeps tons of cash afaik.
But a common man is having atleast 10-12 Rs500 notes in wallet, Right ?
Tomorrow no one will accept these notes and we have to go to Banks/Post offices to swap them, who has that time ?
I don’t listen to Kids
“bujurg bachha* ”https://cdn3.desidime.com/assets/textile-editor..." alt=“lol” border=“0”/>
Par Kutta toh nahi hai na ?
 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}
Bold Move
Hope it wont get reversed
Vu