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Jewellers shut shops for 16th day

Press Trust of India  |  New Delhi 

Gold and jewellery establishments in the national capital remained closed for the 16th day today after the Department conducted surveys following reports of alleged profiteering and efforts at tax evasion in the wake of government's move.

The survey operations were carried out on November 10 in at least four locations in Delhi-NCR region, including Dariba Kalan, Chandni Chowk and Karol Bagh.



The government on November 8 announced the of 500 and 1,000 rupee notes to flush out black money.

Most of the jewellery houses have been closed since November 11 in the national capital.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Jewellers shut shops for 16th day

Gold and jewellery establishments in the national capital remained closed for the 16th day today after the Income Tax Department conducted surveys following reports of alleged profiteering and efforts at tax evasion in the wake of government's demonetisation move. The survey operations were carried out on November 10 in at least four locations in Delhi-NCR region, including Dariba Kalan, Chandni Chowk and Karol Bagh. The government on November 8 announced the demonetisation of 500 and 1,000 rupee notes to flush out black money. Most of the jewellery houses have been closed since November 11 in the national capital. Gold and jewellery establishments in the national capital remained closed for the 16th day today after the Department conducted surveys following reports of alleged profiteering and efforts at tax evasion in the wake of government's move.

The survey operations were carried out on November 10 in at least four locations in Delhi-NCR region, including Dariba Kalan, Chandni Chowk and Karol Bagh.

The government on November 8 announced the of 500 and 1,000 rupee notes to flush out black money.

Most of the jewellery houses have been closed since November 11 in the national capital.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Jewellers shut shops for 16th day

Gold and jewellery establishments in the national capital remained closed for the 16th day today after the Department conducted surveys following reports of alleged profiteering and efforts at tax evasion in the wake of government's move.

The survey operations were carried out on November 10 in at least four locations in Delhi-NCR region, including Dariba Kalan, Chandni Chowk and Karol Bagh.

The government on November 8 announced the of 500 and 1,000 rupee notes to flush out black money.

Most of the jewellery houses have been closed since November 11 in the national capital.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

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