Rs 500 banned

As expected there was lot of chaos around with some people struck without any usable currency. Here are list of places where your old Rs 500/1000 currencies should be accepted till November 11 midnight.  Government Hospitals and pharmacies in these hospitals Railway ticketing counters ticket counters of Government/Public Sector Undertaking buses airline ticketing counters at […]

Prime Minister Modi made a major announcement tonight. From midnight of November 8, 2016 the Rs 500 and Rs 1,000 denominated notes would cease to be legal tender. In simple terms no one will accept Rs 500 and 1000 notes. This is really a BIG step and would have far reaching impact. Why was it