Discussion Demonetisation of old Rs. 500 and Rs. 1000 currency notes

[Optimus_Prime]

Most of the black money converted to Gold last night, as per news( that too not on NDTV, ON zee news). Gold price also increased to 34000/- per 10gram.

 

[Thakur]

Some zee channel scroll running 500&1000 news related

 

[sam]

My Prediction :-
According to the happenings
After April in INDIA
Rs.50 & Rs.100 notes will also be banned

& New Rs.50, Rs.100 & Rs.200
Notes will be introduced soon...

 

[Dileep Kumar]

My Prediction :-
According to the happenings
After April in INDIA
Rs.50 & Rs.100 notes will also be banned

& New Rs.50, Rs.100 & Rs.200
Notes will be introduced soon...
[/q]

iam also thinking same if they bring 10,50,100etc den good news

 

[santosh]

I have 3 million rs at home . how can I exchange it ??

 

[Pavan]

Very Good move..

 

[Sarkar]

Most of the black money  converted to Gold last night, as per news( that too not on NDTV, ON zee news). Gold price also increased to 34000/- per 10gram.

Don't forget that You need mandatory pan card to buy Gold over and above 2 lakh 

 

[Rajkumar]

Srimanthudu Style..... :lol :lol

 

[Ashok L]

My Prediction :-
According to the happenings
After April in INDIA
Rs.50 & Rs.100 notes will also be banned

& New Rs.50, Rs.100 & Rs.200
Notes will be introduced soon...

No chance bro...
Black money holders don't save 50 and 100 Rs as it consumes space.....
A welcome move by Modiji.....
I agree with OP bro that black money holders have already stashed black money as gold and properties..
Still so many have stored cash as black money as cash....
Modiji clearly thought and had gave 4 hrs as deadline. If he has announced that before itself. Then so many black money holders have stashed their 500 and 1000 for gold and electronic items....
Yesterday Ns7 Tamil reporter covered about rush in atms, first time in India Atms are rushed for depositing cash instead of withdrawing money. He asked all depositors who waited in queue to deposit 25000Rs (max deposit amount for some banks). He asked why they are rushing to atm now itself as they have more time to change into 500 and 1000 Rs notes through banks directly. Why they can't wait for a day as they can change notes from Thursday. Everyone in the queue are clueless and answerless. It clearly indicates that they are depositing unaccountable money.

 

[PRK]

It's not easy to buy gold in black. Also will they keep it forever, whenever they will sell it they are under scanner as shops will cease to do black transactions. It is going to be very hard to do unauthorized transactions with new laws coming in place. Keep on underestimating.

Also, inconvenience will be there. But most people will be okay as it is for a better future.

Do you have black money you are so unhappy? (Just joking man)