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Govt likely to put curbs on jewellers

The gold and jewellery route has been followed by persons with black money to convert their Rs 500 and Rs 1,000 notes at a haircut of 20-40%

Rajesh Bhayani  |  Mumbai 

On Rajat Sharma's show Aap Ki Adalat on India TV, Finance Minister Arun Jaitley mentioned thrice that shops of a particular industry were open till very late in the night after Narendra Modi' s demonetisation announcement . He was obviously referring to jewellers who were selling gold by accepting withdrawn currency notes, which has continued.  According to sources, the government is likely to clamp down on jewellers and Tuesday, November 15, will be the last day for them to deposit old high-value currency notes.  The gold and jewellery route has been ...

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First Published: Mon, November 14 2016. 02:34 IST
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