Shame on RBI and Indian Government

Discussion in 'Payment Processing' started by powerboss, May 26, 2011.

  1. rahuldas14

    rahuldas14 Well-Known Member

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    #21
    Guys hats off to you guys for criticising the Indian Govt and RBI.
    I agree with you guys. Govt and RBI are fools, idiots and what not while making policies:
    1. Whole world's economy suffered in recession, India's did not.
    2. Now when USA is under a serious economic problem India can rest in peace because they can never have these kind of issues
    3. Black money: When it comes in abusing the Govt.'s inaction we shout out loud, but when it makes policies to check black money we again shout against it.

    But again....yes they did a mistake in securing the country's economy. :(
     
    rahuldas14, Aug 11, 2011 IP
  2. nialbhatt

    nialbhatt Peon

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    #22
    Hey guys, how much does it cost to move to dubai with all documentation. I m one for leaving india, Whatever the govt says, we will b the ones to pay more for less. any thoughts??
     
    nialbhatt, Aug 22, 2011 IP
  3. Card

    Card Well-Known Member

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    #23
    Corrupt Politicians and Goverment can only fill their swiss bank accounts with black money.If thye would have used this money for country usage,today India was considered as developed country :)
     
    Card, Aug 22, 2011 IP
    nihangshah likes this.
  4. Jhangora

    Jhangora Member

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    #24
    I guess the real problem is that the people who created these rules don't have an understanding of how the Internet and eCommerce work. Restrictions on purchasing products and services online through funds in Paypal is a big headache for those of us in affiliate marketing.
     
    Jhangora, Aug 23, 2011 IP
  5. Card

    Card Well-Known Member

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    #25
    No,They know these rules.The implemented these rules so that people are compulsary to use credit cards so they can put tax on foriegn income and Goverment and Credit card companiescan earn money :(
     
    Card, Aug 23, 2011 IP
  6. alexgreatcpa

    alexgreatcpa Well-Known Member Affiliate Manager

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    #26
    If it happen .......I have to move for singapor. running my business.
    India is hell now.
     
    alexgreatcpa, Aug 29, 2011 IP
  7. nabajit

    nabajit Peon

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    #27
    Why don't you understand, it's not the RBI who implemented this rule to the Indian Paypal users, it's Paypal who implemented this. To act in India Paypal (or any other organisation) must comply with the Supreme Bank Rule. Paypal didn't agree to do so. So they smashed the India users....
     
    nabajit, Aug 30, 2011 IP
  8. blackhatkingdom

    blackhatkingdom Peon

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    #28
    Paypal had alwayz been shitting in India ..Its not new issues...RBI Restrictions and Paypal Verifications...all are just Shits :(
     
    blackhatkingdom, Aug 31, 2011 IP