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Beware Senco Gold And Amazon


Beware of ordering anything from Senco Gold Jewellers, Kolkata and the authenticity of reviews on Amazon.in

Here is the review of my order from Senco that Amazon won’t allow on its site :

 Avoid Company And Products At All Cost.
 
1.Charged More than shown online.
2.Very Late delivery and had to resort to multiple phones to get goods or refund.
3.Delivery company opted for by company tries every means of force and fraud to illegally acquire your PAN/Aadhar photocopy.
4.No reason to believe that sellers themselves might not be involved. Mobile numbers they disclose via e-mails are not in existence.
5.Simply no peace of mind after placing an order with this seller. Or even finally receiving the product.

I placed a minor order on Diwali Day. One of 3 on Amazon. No problem with the rest of the Sellers.

In the case of Senco ,order was delivered only after evoking A-Z Guarantee.

Courier is a private party engaged by the jeweller.

Beware of Safeway, the couriers, even after supposed instructions to the contrary by the jeweller and their own higher ups, attempted to forcibly steal PAN details.

In the days of raids on jewellers, caught on the wrong side of demonetization, not knowing if all copies of my PAN that the delivery person tried to steal was destroyed, is giving me no peace of mind.

Who wants to unwittingly provide cover for the hard to explain/unexplainable purchases of others?

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My Thoughts


I suppose that even dodos have figured out that what we are told in the mainstream press and often on social media is what some or other person or entity wants us to know so that hopefully we are influenced in a way that benefits them. And wealthymatters readers are far from idiots.

The editorial below has appeared in today’s ET. Following are my thoughts:

How Modi Stole Manmohan Singh’s Thunder

MC GOVARDHANA RANGAN

Jaitley should borrow Chidambaram’s withdrawal tax

P Chidambaram as Finance Minister in the UPA government had many path-breaking initiatives, and one such was his proposal to tax cash withdrawals from banks. The unfortunate part was that it never got the backing of his own government, so abandoned.If only Prime Minister Manmohan Singh was half as powerful as Prime Minister Narendra Modi is, the proposal would have seen the light of the day and Singh, Chidambaram & Co would have stolen the black money thunder on which Modi is gloating now. Read more of this post

Who Gets The Cheese ?


wealthymatters

Raghuram Rajan On Demonetization


“In the past demonetisation has been thought off as a way of getting black money out of circulation. Because people then have to come and say “how do I have this ten crores in cash sitting in my safe” and they have to explain where they got the money from. It is often cited as a solution. Unfortunately, my sense is the clever find ways around it.They find ways to divide up their hoard in to many smaller pieces. You do find that people who haven’t thought of a way to convert black to white, throw it into the Hundi in some temples. I think there are ways around demonetization. It is not that easy to flush out the black money. Of course, a fair amount may be in the form of gold, therefore even harder to catch. I would focus more on the incentives to generate and retain black money. A lot of the incentives are on taxes.”

Demonetization Then And Now


Mr Modi may have shocked the nation with yesterday’s announcement of demonetization, but the prime minister’s move was hardly unprecedented. India has demonetized select denominations of its currency twice before. Read more of this post

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