[New Delhi]Bullion Shine Suffers Demonetization Eclipse For 9th Day
Bullion Traders kept their shops shut for 9th day
Gold and jewellery establishments in the national capital remained shut for the 9th day after Income Tax Department on November 10 carried out surveys following reports of alleged profiteering and tax evasion by traders as government demonetised high value currency note.
The survey operations were carried out in at least four locations, including the popular
Dariba Kalan,
Chandni Chowk and
Karol Bagh.
The government last week demonetised high denomination of Rs 500 and 1,000 notes to flush out black money.
Most of the jewellery showrooms here have been closed since November 11.
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