
In November, the Indian Government passed reforms withdrawing the INR500 (US$7.40) and INR1,000 notes as legal tender in the country. The snap move was brought in to tackle counterfeit currency and so-called “black money” – undeclared payments.
In November, the Indian Government passed reforms withdrawing the INR500 (US$7.40) and INR1,000 notes as legal tender in the country. The snap move was brought in to tackle counterfeit currency and so-called "black money" - undeclared payments.
In November, the Indian Government passed reforms withdrawing the INR500 (US$7.40) and INR1,000 notes as legal tender in the country. The snap move was brought in to tackle counterfeit currency and so-called “black money” – undeclared payments.