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Old November 8th, 2016, 07:17 AM
kkkk kkkk is offline
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Run Black Money Run! 500 and 1000rs notes being discontinued!

500 and 1000rs notes being discontinued!


Short duration available to get the existing notes changed to 100rs notes.

wow! What a step!

news outlets are running this now!

http://www.ndtv.com/india-news/pm-mo...t-8-pm-1622948

http://www.thehindu.com/news/nationa...cle9320548.ece

Live updates:

8:34 pm: This is a chance for every citizen to take part in the fight against black money and corruption, says the prime minister.

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.
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Last edited by kkkk; November 8th, 2016 at 07:58 AM.
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