All the new rules on fighting ills was a fiasco of the to instill fear and authority to destabilize.Today only the figures of holding of unaccounted money poured into coffers of political parties is a slap on JUMLAS.honesty has taken wings and gullible indians are enslaved by offers of free bees and loans without interest etc which adds to more taxation on the citizen .Voting is called purchasing power.Now today there is proposal to bribe the lawmakers individually by the law maker combine.This is open loot.Why the law makers are exempted from paying taxes is bribing the opposition against any undue taxes imposed on honest tax payers. Old habits die hard and the house which gives unlimited free bees is giving protection to nearly 30% of criminals.How dare we dream of honesty rom professional criminals.
Whether people like or not, more card usage means lesser chance of black money generation. Previous govt also imposed a fee of cash withdrawals above Rs 50,000/ Had the Cong ruled with a majority they too would have done these things
It's not just the discounts , the security aspect is important too. Recently on a vacation, I got an email at 10 PM that my credit card was debited for USD 700 on two transactions. They were totally fraudulent. Had to inform the card company immediately and then get back home and file an FIR. It could take 60 days to resolve and I still don't know what the final result will be. When at the Police Stn to file my FIR, I found a lot of people with the same problems , maybe for lower amounts, waiting there. Watch out, if you think that plastic is the greatest thing.
People will start using cards for more and more transactions in coming days. In grocery stores where 100% transactions were by cash earlier, 25% transactions are done by cards.
People will start using cards for more and more transactions in coming days. In grocery stores where 100% transactions were by cash earlier, 25% transactions are done by cards.
Many people have become wary of using credit or debit cards for transactions, they instead keep a few 2000 rupee notes in the pocket! That is because of the increased incidence of fraudulent transaction on sites - those which don't need an OTP, like Netflix, Google Services, etc.
If I am filling petrol fro 1000 rs, 1028 rupees got debited from SBI card. Then why should I prefer card where in if i pay by cash 28rs will be saved. It will be waived if you are a previleged customer but every one may not be a priv customer.
Re: Difficult to go digital due to charges
by Bharat Kumar on Oct 09, 2017 02:44 PM
By the way, the new name for black economy is Informal economy which has now become formal ! With half the jobs and uncountable deaths of starving people
