By Shriya Mohan
Demonetisation has brought about a glut of policy changes in India, the most recent of which is about the amount of gold one can possess without attracting the attention of the authorities.
"Jewellery and ornaments to the extent of 500 gms for married lady, 250 gms for unmarried lady and 100 gm for male member will not be seized, even if prima facie, it does not seem to be matching with the income record of the assessee," the IT department said in a statement on Friday, after the Lok Sabha passed the new limits.
But the problem isn't the wrath of the IT department if one exceeds the limit. The problem is a more nuanced one. Why should a married woman be entitled to hold double the quantity of undisclosed gold that a single woman can hold?