What are the full implications of the Indian government's decision to withdraw all the old 500 and 1000 rupee notes from circulation?
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?
What if there is a new black money and corruption with Rs 2000 and Rs 500? How is Modi's government going to address this down the future? If I have 50 lakh as black money, what will happen if I disclose it and deposit the money in the bank? After Modi has banned 500/1000 notes in India? If we are replacing old notes with newer notes (Rs 2000 and 500) in India, how is it going to help "going cashless"? DO you think the RBI move to withdraw pre-2005 currencies from circulation will curb black money? 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?