Investigate high value wallet transactions

The Govt should run some big data algorithms on wallets and all transactions above INR 10000 and done through wallet should be looked at.

Millions of small businesses are using wallets to accept payments from customers for a business transaction. The proprietor will sell whatever never issue invoice and take payment of 30-100K using these wallets. more  

View all 10 comments Below 10 comments
Corruption is being promoted by the government and the people are lapping it up! Just like tapping your credit card is a big no no. If a person can snatch your credit or debit card and go on a spending spree by tapping it, then where is the meaning of safety for a pin??? more  
Corruption is being promoted by the people who are virtually responsible to check it. For example-Most of the vendors fruit, veg, fish and meat/chicken etc are milking the money and running the business on footpath/public place, causing avoidable inconvenience to the commuters, are having only wallet transactions. Nobody can check them because they are fully protected by the authorities albeit on indirect payment. one can feel sorry for it, nothing beyond. more  
That is rue there should be a restriction for wallet payments.Whatever one does these corrupt people will try to find some loophole more  
It should be mandatory for all transactions. more  
After GST introduction, voulentry generation of invoices were issued due to lesser restrictions or rules for payment of taxes. Some of building metrial business were not issuing any invoices. The government should put pressure on whole sellers and retailers for generation of bills by usingng electronic gadgets instead of rough bills or hand bills. more  
Post a Comment

Related Posts

    • The IPL Scam

      IPL AUCTION Total matches - 410 Balls per match - 240 TOTAL BROADCASTING RIGHTS - Rs 48390 cr Total balls bowled - 98400 EACH BALL WORTH - Rs50 lakhs!!!!...

      By Vinita Agrawal
    • Covaxin Loot

      If it was indeed possible to sell Coxain at Rs.225, was the made-in-India vaccine ripping us off all this while charging Rs.1400. Instead of being given Padma awards, shouldn’t the...

      By Radha Kadam
    • loan sathi customer care number ⑨①⓪②①②④⑤③⑧- 9903139446√

      loan sathi customer care number ⑨①⓪②①②④⑤③⑧- 9903139446√ loan sathi customer care number ⑨①⓪②①②④⑤③⑧- 9903139446√

      By Bimal Kumar
    • Lucky Cash /Customer Care Number 9102124538

      Lucky Cash /Customer Care Number 9102124538 Lucky Cash /Customer Care Number 9102124538

      By Raju Kumar
    • profiteering in replacement parts

      Friends, many many brands for gadgets appliances automobiles engage in rampant profiteering when it comes to replacement spare parts. Because we are captive they charge the moon and mil...

      By Garima Sharma
    • How GST is evaded by traders

      For any goods valued over Rs 50,000, an e-way bill is required to move it from one state to another. This bill is a unique number assigned to a consignment for smooth movement of goods and is gener...

      By Sudesh Rai
    • Commission agents are biggest profiteers

      Bappu Kavde sold 1,123 Kg onion for Rs 1,665.50. The cost of taking his onions from his fields to commission agent, which included labor cost, transport, weighing fee was Rs 1651.98. So, he got Rs ...

      By Shailesh Deshmukh
    • Traders evading GST big time

      Everyone see attached a receipt from a trader JK paints in sector 9 Noida. Millions of traders do business without a GST receipt like this and evade taxes. This leads to black money generation.

      By Sudesh Rai
    • HUL Profiteering

      In 2018-19 this circle had escalated complaint on HUL profiteering and a 400 crore case was made against them by anti-profiteering authority. HUL is again raising MRP by 3-14% and reduci...

      By Garima Sharma
    • Income Tax NEW PORTAL

      I fully agree with Mr Vishal Khanna. All the high end IT companies charge a fortune and our Govt. continues to promote such companies at the cost of the Tax Payers. This could ha...

      By Anantharaman Subramanian
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)