‘Visits’ by I-T officials spook markets in Jaipur

Visits by the Income-Tax Department officials on Friday morning spooked the markets in Jaipur which led to Jaipur shopkeepers shutting shops in protest.

By: Express News Service | Jaipur | Published:November 12, 2016 6:06 am
ATM, new notes, new money, new 500 notes, 2000 notes, new cash, atm withdrawal limit, withdrawal limit, atm open today, atm, 500 rs note, atm near me Traders shut their shops in protest after information about sales tax raids, at a market in Jaipur on Friday. (Express Photo by Rohit Jain Paras)

Visits by the Income-Tax Department officials on Friday morning spooked the markets in Jaipur which led to Jaipur shopkeepers shutting shops in protest.

“I-T officials visited about ten business houses, mainly in Johri Bazaar, on Friday morning and harassed the jewellers. The business is already down and nobody has money to buy much, so this was uncalled for,” said Federation of Rajasthan Trade and Industry (FORTI) president, Suresh Agarwal.

“So we decided to close the markets for the day in protest. We have also called a meeting to deliberate the same on Saturday,” he said.

On November 9, people had thronged jewellery shops to buy gold with their cash following the announcement that Rs 500 and Rs 1,000 notes would be demonetised midnight.

“All those who had wanted to buy gold jewellery with their money had done so on the 9th itself, why harass us now,” Agarwal said.

 

For all the latest India News, download Indian Express App now

  1. Y
    Ya Dajjal
    Nov 12, 2016 at 1:06 am
    Close shop and don't sell - who cares
    Reply
    1. A
      Anonymous
      Nov 12, 2016 at 8:06 am
      Firstly, closing the shops will not impact the market anyway right because as Mr. Agarwal rightly said that people don't have money to buy then who will go to shops?lt;br/gt;lt;br/gt;Also, by closing the shops the shopkeepers and their servants will have good time to go to banks to deposit their money and plan how to settle their blacks at home or shops or offices (if they have any).lt;br/gt;lt;br/gt;One more thing, if income tax department or any government department wants to raid or do a survey then they can issue a summon to the owners and get the shops opened up. So closing the market won't be a solution rather cooperating with the government officials will be better to tackle the situation.
      Reply
      1. A
        Ashok Mazumdar
        Nov 12, 2016 at 2:18 am
        Barter System Laao.
        Reply
        1. V
          Vikas Soni
          Nov 12, 2016 at 4:32 pm
          Why they are not raiding govt of India employees or politicians which has started black money ..
          Reply