chound
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Would it be impossible to bring a cashless society i.e. if you want to buy anything minor even like a hair pin(most places insist on a certain minimum amount before u can use ur credit card) or something as big as a 40 acre estate(there is a limit on the money u can spend using ur credit card) you have to pay only using credit card.
Why I'm saying is that in India there is a whole lot of black money. This is estimated to be 3 lakh crores. All this money is lost. My friend told me this in a govt office the officers were collecting bribes(or extra chcarge) when the Income Tax officers visited this place the officers who had taken the money just through the money out of the window into the gutter so that they don't get cought.
Would a cashless society end this menace of black money?
Why I'm saying is that in India there is a whole lot of black money. This is estimated to be 3 lakh crores. All this money is lost. My friend told me this in a govt office the officers were collecting bribes(or extra chcarge) when the Income Tax officers visited this place the officers who had taken the money just through the money out of the window into the gutter so that they don't get cought.
Would a cashless society end this menace of black money?