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With latest announcement of making Rs 500 and Rs 1000 notes invalid in India, is this step a checkmate to people who have black money?
With the latest announcement of making Rs 500 and Rs 1000 notes invalid in India, is this step a checkmate to people who have black money?
Yes, this step is a major blow to people who hoard black money in cash. The move by the government is aimed at curbing corruption, black money, and counterfeit currency in India.