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500, 1000 rupee notes cease to be legal tender from midnight tonight: PM


Variety_Pullayya

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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,

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.

 

reference - http://www.thehindu.com/news/national/live-narendra-modis-address-to-nation/article9320548.ece?homepage=true

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2 minutes ago, Variety_Pullayya said:

modi is bringing some major changes, this will reduce corruption.

Will only bring out new Talented People in India... To show a new way to do corruption ... 

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2 minutes ago, NinduChandurudu said:

endi ee gola...dec 31st lopala anta chala takkuva time 

anta kastam ayithe vunna 500 and 1000 tho sali manta easuko, sali kalam vechaga vuntadi  Kontekurradu

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Bayankaramga irikinchadu ga modi intlo cash huge amounts pettukubevally bank kelli exchange chesthe pan card aduguthar intha undeclared money ekkadidhi ani inti meedhakinistharu tax vallu ..us type lo plastic money ekkuva chesi black money ni wipe out chesd daring step idhi votes gurinchi alochinchakunda teeskunna great step.m oney withdrawal limit s 20k per week this will make life difficult for huge transactions tax egottadam.kashtam

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yaa ippude choosa. they are going to issue new 500 rupee note

 

500-rupee-note_650x400_61478617834.jpg

 A new series of Rs. 500 currency notes and Rs. 2000 currency notes will be brought into circulation.

people should come and fight against corruption antaadu malla new 500&2000 rupee notes endhuku release chesthunnaru 

i dont get it

 

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4 minutes ago, DaleSteyn1 said:

Bayankaramga irikinchadu ga modi intlo cash huge amounts pettukubevally bank kelli exchange chesthe pan card aduguthar intha undeclared money ekkadidhi ani inti meedhakinistharu tax vallu ..us type lo plastic money ekkuva chesi black money ni wipe out chesd daring step idhi votes gurinchi alochinchakunda teeskunna great step

ante ipudi, Jagan anna and Nakka gaadu valla balck money ni ela conver sesukuntar  Kontekurradu

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1 minute ago, kiran karthik said:

very good decision bt again y 2k notes?

so logic emti ante...andaru valla daggara unna old 500 and 1000 notes ni new notes lo convert cheyali. so all black money comes out.

ppl will pay tax and get that money converted.

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Just now, KathiRamdaas said:

Racha kada assalu...black money antha baitiki ostadi ippudu @3$%....Hail Modi

i think black money unna vallu valla friends tho koncham koncham money ni change cheyyinchukuntaaru. its difficult but less black money unnavallu manage cheyyagalaru, baaga ekkuva unte it will be a humungus task for them.

very good move from MODI

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11 minutes ago, NinduChandurudu said:

endi ee gola...dec 31st lopala anta chala takkuva time 

anduke kadha man, already chance echadu , black money  declare ses valu sesaru

 

jagan anna 10k croes echadu ani tdp aropanalu

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