Jewellery Shops remained closed for the 14h day

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Gold and jewellery establishments in the national capital stayed shut for the 14h day today after the Income Tax Department carried out surveys following reports of alleged profiteering and efforts at tax evasion following the government's demonetisation move.

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

The survey operations were completed on November 10 in no less than four areas in Delhi-NCR locale, including Dariba Kalan, Chandni Chowk and Karol Bagh.

Most of the jewellery showrooms here have been shut since November 11.