Demonetization of Rs. 2000 note

  • Thread starter Thread starter SVK
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What kind of number is 6 lakh 76000 crores?
 
Nothing is ever going to be smooth when any half-arsed baked policies are introduced at whims and fancies. EoD it's the middle class who is going to suffer.
 
Already many retail outlets and petrol pumps have stopped accepting 2000 notes, not understanding why RBI announced this move, they should have simply informed banks with there internal communication to stop issuing 2000 notes to customers, however they have kept it as legal tender even after Sep 30th. So makes zero sense on announcement.
 
Between mom, sis and sis-in-low, we collectively lost around 10k. I am already beginning to think should expect atleast 20-30k loss due to notes being found in obscure places months/years after deadline.

P.S. my sister found a couple of notes as recently as 2020-21 while they cleaning up stuff - though one could argue as these should not count as no one can really expect a few years of window to exchange old notes.
 

this is so crazy.

if you deposit in your account, you gotta answer to tax authorities.

if you exchange at any random bank, all is well. how are they even going to track that same person is not coming multiple times lol.
 

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