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Jayakrishnan Alambath

Cashless transactions.

As a way to fight black money circulation Government is promoting e transactions and giving Income Tax rebate also on e transactions.

Then why does bank charge an annual maintenance charge on debit cards? HDFC Bank charge Rs.250 to Rs.750 plus tax a year. ICICI Bank charges Rs.150. SBI charges Rs.100 to Rs.300.

Only 5 transactions are allowed per month. Additional transactions are charged Rs.100 plus tax.

If Government is sincere in its attempt to promote e transactions to fight black money first it should do away with this sort of hidden charges.

For full details go to link below:-
http://www.thehindubusinessline.com/portfolio/your-money/watch-out-for-the-hidden-bank-charges/article7546988.ece more  

Viewed by 19
Jyoti Kanungo
The charges must stop immediately more  
Jayakrishnan Alambath
When majority was not needed for first two, then why for last one?. Then why the eyewash in the name of cashless transactions and control of black money? more  
Csn Sarma (socialworker)
Application and implementation in ground level is waiting for the requisite prime Bills those are pending to be cleared with development address in the legislatures which needs understanding by majority which all are eager to share their participation . more  
Jayakrishnan Alambath
Interest on industrial loans were reduced for benefit of industrialists. FD interest was reduced from 10.5% to 8.5% to the detriment of senior citizens, then why the delay in this which is for the benefit of all? more  
Csn Sarma (socialworker)
GOVERNMENT HAD TO YIELD FOR ACCEPTANCE AND SUPPORT IN THE LEGISLATURE HOUSES. AT-LEAST SOME BENEFIT TO PEOPLE MAY GET ATTRACTED. more  
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