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Cheque payments to get costlier

Created by : Ravindra Sharma, Managing Consultant, CHEF-India  | 04 02 2011 05:51:32 +0000
Keywords : cheque payments to get costlier
Activity:  333 views;  last activity : 04 06 2011 04:55:36 +0000

http://articles.economictimes.indiatimes.com/2011-03-31/news/29365940_1_outstation-cheques-cheque-truncation-system-drawee-bank

  
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Will increase Black money Vs Is fair decision
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As such I am not satisfied by the sides given. But the question that should be raised is that why should there be an increase. They already have enough what more do they want?
By Adrija , Assistant manager finance , HDFC Bank  04 05 2011 11:25:31 +0000
 
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The recent announcement allowing banks charge higher for transaction through cheques is actually in reverse gear of what we the nation requires to be able to halt unhindered circulation of cash.

With counterfeits already acquiring threatening posture one is left wondering if the coordination is missing or vision or direction or simple understanding of basics.
By Ravindra Sharma, Managing Consultant, CHEF-India  | 04 06 2011 12:40:06 +0000
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Just by charging more, black money will not increase. But it is not a fair decision at all.
By Suryanarayan Murthy, Free lancer  | 04 06 2011 04:55:36 +0000
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of late, we have been concentrating too much on PMO and Finance Ministry, why not give a jerk to divert your attention. This, again, is one of the diversionistic ploy by the RBI at the instance of Finance Ministry! This will allow free flow of unaccountable cash float in the market!
By S. Muralidharan, Executive Director, Knowledge Foundation & Campus Around the Corner  | 04 02 2011 08:01:50 +0000
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Why our government keeps making it miserable to trade and commerce honestly.
By Abhijit Anand Prabhudan, Admin/Facilities Manager, Ca*****  | 04 02 2011 07:22:41 +0000
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