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


Variety_Pullayya

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5 minutes ago, spider_reddy said:

 Modiji promised 15 lakhs for everyone if voted to power..Not only did you get any money But today even the 500 bucks in your pocket has no value..#achedin is here

Next 2019 lo Pappu is PM Jagan anan is CM of AP , kudirithe PMkuda aye sanses vundayi  12ki7c.gif

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1 hour ago, timmy said:

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

 

*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*

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1 hour 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

Timmy ankul India for good vellipoyava ??

what are you doing now ??

appatlo 30yrs industry ankul velli malla workout kaka return camed

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I think this is not going to bring down the inflation  ,like some one said this move is a good one on long run 

 

For Eg, a Guy who is currently buying a property at market value is paying taxes at govt rate , ante 20 lakh market value property ke tax is paid at 5 laks , and also capital gain meda avathali vadu tax kattakunda only nominal tax kaduthunnadu. 

Now people have to take out their black money , to change the currency and Land owners can't accept any old 500 and thousand notes 

 

I also think most of the black money holders in our country might have the information prior to this being announced , allowing them to have enough time to change their currency / conversion to dollar 

Eg is CBN talking about abolishing 1000 rupee notes , he might have had inside information 

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21 hours 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

idhedho fake article anukunta uncle. India lo inka antha  technology ledhu anukunta.  4alrni7.gif

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