Saturday 4 March 2017

A Comment on levying of heavy charges on frequent cash transactions

My Comment on an article "Banks to levy Rs 150 after four cash transactions" published in the economictimes.com Dated 04/03/2017.


"It may not affect the common man as he will not need more than 4 transactions. But, business people will be burdened and so a good move by the Banks and government to curb their activities. 

You need to make only one or two cash transactions in a month. They are giving you more chances. 

Why not make card payments, cheque payments or mobile app payments? Try to learn things and manage new methods of payment. 

Our PM expects only this from you and he is not punishing you. See the good motive behind it and adapt yourself.

I am 65, but learning and doing all these things. Even age is no bar." 

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