An India Today investigation on Bansal & Sons Jewellers store located in Delhi’s Chandni Chowk has discovered the black market of Rs 2000 notes.
Must Watch: Putin offers Nuclear Weapons to Everyone
Certain bullion traders are providing dubious services to exchange the 2,000-rupee notes, effectively assisting individuals with undisclosed money in getting rid of their high-value banknotes at a significantly reduced worth or even swapping them for gold at a higher price, an India Today investigation has found.
Despite the absence of demonetisation and the existence of regulations for depositing and exchanging the withdrawn currency within a four-month period, tax evaders and illicit cash networks appear to be operating at full throttle.
BUYING 2000s AT LESS WORTH, OFF THE BOOK
Naresh Bansal, the owner of Bansal & Sons Jewellers store located in Delhi’s Chandni Chowk, suggested exchanging Rs 1 crore in 2,000-rupee bills for 93 lakh in 500-rupee notes.
“Would you prefer notes in exchange or gold?” he inquired of India Today’s investigative reporters.
MUST WATCH: The Truth About COVID-19 Revealed In EU Parliament
“What if you give notes in exchange?” the journalists inquired back.
“That can be arranged as well. That’s why I asked,” Bansal replied.
He then stated his commission for exchanging one crore in 2,000-rupee banknotes.
According to UN spokesman Stéphane Dujarric, the UN is assisting a Russian bank with a SWIFT bypass after it was disconnected as part of Ukraine-related sanctions last year.
Support GreatGameIndia
I am currently earning at least $37,000 a month doing extremely honest and clean work online from home. u7 Stick with this for now and earn extra money online until you complete the training on a particular site.
Click here…… http://earnings205.blogspot.com