E-TRANSACTION
IF A 100 RUPEE NOTE IS TRASACTED 1,00,000 TIMES, IT REMAINS A 100 RUPEE NOTE WITH NO TRANSACTION CHARGES. IF IT IS TRANSACTED 1,00,000 TIMES WITH E-TRANSACTION THAN ONLY THE TRANSACTION CHARGES OF @ 2% EACH TIME, IT COMES TO Rs.2,00,000 + OTHER CHARGES SUCH AS INTERNET ETC. SO WHAT HAVE BEEN THOUGHT & CALCULATED BEFORE ADOPTING THE 'NOTE BANDI, WHICH MIGHT GIVE THE BENIFIT OF THE 'TIP OF AN ICEBERGE' WITH HARRASSMENT/TORTURE TO GENERAL INNOCENT PUBLIC. more
Viewed by 20
If a Rs 100 not is transacted 1,00,000 times irrespective of whether it is a cash transaction or debit card or epayment transaction, the value will increase equally in the same manner for all types of transactions. Instead a charge is levied whenever you buy goods online in all marketing websites. The major benefit of cashless economy is that pickpocketing will be curbed, income tax officials can track transactions easily, counterfeit currency cannot be transacted. This will eradicate corruption of bribes at government offices, polices stations, courts, estate agencies etc. The prices of goods will reduce & make it affordable for all sections of society. However, if Rs 100 is the face value of the note it will still remain Rs 100 as an exchange value. The number of turnovers (transactions) the note made is what increases the value of the Rupee. This has nothing to do with it being a cash transaction or a debit card or credit card or a epayment. more
Dec 16
Even government departments, railways charge more if the payment is made vide credit or debit card. Railways charges even if the payment is made through net banking. Going cashless is a ploy of the government to collect more money. If they really want people to go cashless they should waive off all charges on net banking, credit and debit cards. more
Dec 14
