How does invalidating the current Rs. 500 and Rs. 1000 currency notes help in weeding out black money?
500 and 1000 Rupees notes are illegal from today says Indian Prine Minister.What's your say in this? Will it help in curbing black money?
Can a foreigner exchange 500 and 1000 rupee notes in India? What's the limit and how? Will the government demonetize the new 2000 rupee note also in the near future? Indian Political parties can deposit old currency notes, just it need to be under 20,000 per deposit, is this not how black money laundering works? What happens if citizens continue to use old 500 and 100 notes after Nov 9? We can still exchange those notes till Dec 30.