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Historic announcements on ending corruption and black money by PM; Five hundred and one thousand rupee notes will no longer be legal tender from midnight tonight

News and Press Release - Dated:- 8-11-2016 - In a historical move that will add record strength in the fight against corruption, black money, money laundering, terrorism and financing of terrorists as well as counterfeit notes, the Government of Indi .....

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ed rupees will also be placed in circulation. Notes of one hundred, fifty, twenty, ten, five, two and one rupee will remain legal tender and will remain unaffected by the decision today. Prime Minister Shri Narendra Modi made these important announce .....

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notes hoarded by anti-national and anti-social elements will become worthless pieces of paper. The Prime Minister said the steps taken by the Government would strengthen the hands of the common citizens in the fight against corruption, black money an .....

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dred or one thousand rupees can deposit these notes in bank or post offices from 10th November onwards till 30th December, the Prime Minister announced. There are also some limits placed on the withdrawals from ATMs and bank for the very short run. S .....

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buses, airline ticket counters, petrol, diesel and gas stations of PSU oil companies, consumer cooperative stores authorized by the state or central government, milk booths authorized by state government and crematoria, burial grounds. Shri Modi emph .....

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linked to inflation and how the inflation situation is worsened due to the cash deployed through corrupt means. The Prime Minister added that it adversely affects the poor and the neo-middle class people. He cited the example of the problems being fa .....

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a half years of the NDA Government, he has walked the talk and led by example. The very first decision of the Prime Minister led NDA government was the formation of a SIT on black money. A law was passed in 2015 on disclosure of foreign bank accounts .....

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of black money has been brought into the open. Raising the issue of black money at the world stage Prime Minister Narendra Modi has time and again raised the issue of black money at the global forum, including at important multilateral summits and i .....

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