Jewellers have started charging premium for accepting 2000

Some Jewellers have started Charging a Premium on Gold for Accepting the ₹2000 Currency Note

Gold Official Rate (With GST) - ₹63,800
Unofficial Rate if Paid with ₹2000 - ₹67,000

This is what happened last time. The jewellers made a mess of demonetisation and profiteered. Government needs to take action!!!! more  

View all 8 comments Below 8 comments
Good way to get rid of bad money 💰. It is gold. Always available more  
The Government should remove the root cause of Black Money i.e. Personal Income Tax. As it is only 5.6% of population is paying tax a majority of them are salaried persons. By abolishing personal income tax government income will reduce marginally as major source is GST. The advantages are many some listed below: 1. Environment friendly as paper work is reduced. 2. Manpower hours saved as no accounting for TDS issue of Form 16 deposit of TDS etc. 3. Lakhs of Income Tax Officers will be available for deployment in other areas. 4. Bank deposits will go up tremendously. 5. People will prefer digital system for transactions. more  
Deposit the motes in the bank. Withdraw lower denominations or go digital. more  
I feel, though sad to say it, we have become a nation of cheats and perpetual grumblers. We want Governments to take action against black money but whatever steps are taken, cheats find novel ways to circumvent them; then the grumblers pitch in and complain that this section of society is affected, that section is put to hardship etc. more  
Is this hearsay or real? Many people are spreading rumours based on WhatsApp gossip. There is no clamour and unrest for Rs 2000 notes. In any case, as per RBI these notes can be exchanged effective March 23, 2023. There is no reason to panic other than those who have obtained the cash by ill-gotten means. If you are upright and honest, please report such inciidents to the authorities. more  
Post a Comment

Related Posts

    • Ancestral/Family property taxation in budget is bad

      Most important is indexation on real estate/property is gone with this budget. Now if you bought a property in 2004 for 25 lacs and plan to sell the same now. earlier you would have got benefit of ...

      By Amit Mishra
      /
    • Budget 2024 highlights

      1)India's inflation continues to be stable and moving towards 4 pc target; core inflation stands at 3.1 pc. 2)India's economic growth continues to shine. Global economy is still in the grip of...

      By Darshan Rao
      /
    • Economic Survey of Govt brings out what LC surveys have been saying

      Today's Economic Survey has spoken some very harsh truths. I'm not only talking about stock market speculation. It says 50% of Indian graduates are not employable 65% of peopl...

      By Darshan Rao
      /
    • Investigation of sudden deaths

      Yesterday a friend’s relative in Auranagabad died in the gym while exercising. Sudden death due to heart attack. (Attached video) LocalCircles i remember had raised this issue in D...

      By Asha Rathi
      /
    • Earnings Savings Squeeze survey

      Is a good reflection of reality https://www.localcircles.com/a/press/page/household-earnings...

      By Swati M
      /
    • Can we do survey on charges on banks

      Indian banking system is a loot and print media is hand in gloves. They dont write about issues people face. Here is a first hand experience: Wanted my SBI savings acc statem...

      By Shailesh Deshmukh
      /
    • Budget related aam aadmi issues

      Earlier pre Covid I remember LC Manager used to do budget surveys which would then be escalated to Finance Minister. Why has LocalCircles stopped this exercise? We as people should deman...

      By Sudesh Rai
      /
    • 9 in 10 face call drop in India

      Excellent work LC Manager on escalating this call connection and drop issue. Most amazing thing is Govt let them increase tariff without any accountability.

      By Rajesh Suri
      /
    • Spineless media of India

      Our print media has become totally spineless. Despite all the 3 telcos increasing mobile tariffs one by one within 2-3 days, none of our business or general papers were able to show some guts and q...

      By Amit Mishra
      /
    • What’s wrong with India

      Here is What is wrong with this country -The PM meets youtubers, billionaires,cricketers but not the victims of various tragedies and scams. - People were seen carrying dead b...

      By Ruchika L Maheshwari
      /
    • All should be banned from making copies of pan and aadhaar

      Everyone please read this LocalCircles report and forward to all your WhatsApp groups. https...

      By Seema Shah
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)