India Scraps 500 And 1,000 Rupee Bank Notes To Eradicate Black Money.

Indian Finance Minister Arun Jaitley says "honest people" have no need to worry about a decision to scrap 1,000 and 500 rupee notes.According to Bbc.com Mr Jaitley said the move would flush out tax evaders, adding that all old notes deposited in banks would be subjected to tax laws.The surprise move, announced on Tuesday evening, is part of a crackdown on corruption and illegal cash via IFTTT