1,000 notes will cease to be legal tender from November 8, 2016 midnight, Prime Minister Narendra Modi said in a surprise address to the nation. 1000 currency notes from midnight on Tuesday. These notes will cease to be legal tender from the midnight of November 8, 2016, announced Prime Minister Narendra Modi in his address to the nation on Tuesday. In an unusual televised address, as the NDA government completes two-and-a half years rule on Tuesday, Mr. Modi said Rs. 1,25,000 crores of blackmoney from corrupt people through various means," the Prime Minister said.

Source: The Hindu November 08, 2016 15:30 UTC