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

[kittaya]

kotha notes vasthunayi... sp no problem .... ippudu varuku unna black money chelladu anthe... kotha black money pettukovachu...  

[Prabhas_Fan]

6 minutes ago, Kontekurradu said:

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a NGC (Nano GPS Chip)

How the embeded NGC Technology Works?
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

How will this help eradicate black money menace?
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

Just a beginning of the end of black money in India

[Spartan]

40 minutes ago, timmy said:

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

evadu vellina..change chesetappudu..they need to give PAN card or AADHAR card...mottam white avvalsinde.

[Spartan]

Hawala days are gone..for a year now.

[Prabhas_Fan]

2 minutes ago, Spartan said:

Hawala days are gone..for a year now.

paapam...ipudu valla daggara unna money em chestaro

[kittaya]

may be kotha notes fake cheyadam inka kastam sesaru aemo..

[Spartan]

1 minute ago, Prabhas_Fan said:

paapam...ipudu valla daggara unna money em chestaro

white cheskoval..lekapote kalchali...no more way...

[Pawan_Kalyan_7]

33 minutes ago, Hitman said:

CBN / LOKESH  CBN called for this move...  MODI had CBN advise.

 2019 election strategy by cbn never know

[Khadgam]

good move...

Foriegn exchage transactions kuda temporary hold lo petti unte bagundedhi.,,,

[k2s]

1 hour ago, Variety_Pullayya said:

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

1) 500, 1000 print chesinodiki 2000 notelu print cheyadam kastamaa?

2) we can exchange antunnad antey... ppl with fake currency might come forward and exchange that fake currency no... bank/other offices will be easy on checking whether its fake/real?

[Prabhas_Fan]

2 minutes ago, k2s said:

1) 500, 1000 print chesinodiki 2000 notelu print cheyadam kastamaa?

2) we can exchange antunnad antey... ppl with fake currency might come forward and exchange that fake currency no... bank/other offices will be easy on checking whether its fake/real?

thatha thread mottam saduvu 

[KathiRamdaas]

Just now, timmy said:

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

It is impossible and a baahubalian task

[Prabhas_Fan]

3 minutes ago, k2s said:

1) 500, 1000 print chesinodiki 2000 notelu print cheyadam kastamaa?

2) we can exchange antunnad antey... ppl with fake currency might come forward and exchange that fake currency no... bank/other offices will be easy on checking whether its fake/real?

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a NGC (Nano GPS Chip)

How the embeded NGC Technology Works?
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

How will this help eradicate black money menace?
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

Just a beginning of the end of black money in India

[k2s]

2 minutes ago, Prabhas_Fan said:

*why RBI is issuing ₹2000 Rupees Notes *

The Rs 2000 currency is designed keeping in mind to eradicate the black money issues using state of the art indigenous nano technology, every Rs. 2000 currency note is embedded with a NGC (Nano GPS Chip)

How the embeded NGC Technology Works?
The unique feature of the NGC is it dosent need any power source. It only acts as a signal reflector. When a Satellite sends a signal requesting location the NGC reflects back the signal from the location, giving precise location coordinates, and the serial number of the currency back to the satellite, this way every NGC embedded currency can be easily tracked & located even if it is kept 120 meters below ground level. The NGC cant be tampered with or removed without damaging the currency note

How will this help eradicate black money menace?
Since every NGC embeded currency can be tracked. The satellite can identify the exact amount of money stored at a certain location. If a relatively high concentration of currency is found a certain location for a longer period of time at suspicious locations other than banks & other financial institutions. The information will be passed on to the Income Tax Department for further investigation

Just a beginning of the end of black money in India

 

How would small shops identify this ? Do they have some machine ?

[riashli]

Hawala