Yes, you heard that right! The nation today received one of the most shocking news of notes ban in such a short notice. The 500 and 1000 rupee notes will not be valid anymore. And this will happen right after midnight today. And this is the time for the citizens to take part in the fight for corruption. The news might come up suddenly, and this will definitely create a chaos throughout the nation. But if you are looking at the bigger picture, the high valued notes were causing fraudulent activities and easy funding for the terrorist organizations.
Now with the 500 and 1000 rupee notes ban, it will become difficult to make huge deals of crores of rupees in cash with terrorist organizations. And also, the black money will become of no use right now. So basically, what happened is, all the transactions in cash of rupees 500 and 1000 have come to a halt.