black money

Rs. 14 lakh crore, or $217 billion -- 86% of the value of Indian currency currently in circulation became useless from midnight of November 8, 2016, as a part of the government’s crackdown on black or unaccounted money.

In what is being hailed as the greatest move to thwart the menace of black money and counterfeit notes in India, Rs. 500 and Rs 1000 notes will cease to be valid from midnight of November 8, 2016. Here are things you need to know and do over the next few days.