Greetings, One: I am very much disappointed with the new RBI and Paypal guidelines. My online jobs, projects does not get completed if i don't send few funds to other programmers. I take help of few others to complete a project, for article submissions, social bookmarks, press releases all i buy from other. Now, to do this i should buy the service using Credit Card, this will burn my pocket heavily. Silly rules from RBI, don't know when they will grow up. We are small fishes earning for our hard work and they implement so many rules. While 1000's of crores go outside Indian without any RBI Notice. Great..shame on us Indians. Payoneer is gone CCnow is gone Alertpay is reluctant to accept new registrations from India. How can i survive with online business now? ****************************************************************************************************************************************************************************** Two: I got a regular job, where i would get around 16,000 rupees for almost 12-14hrs of work, which i earn in 20 days online, at my own terms and comforts. I feel like crying to join a regular job, if i wait until March, this job might not wait for me. ****************************************************************************************************************************************************************************** Three: I know there are 1000's of Indian freelancer who are very upset with these rules. I request that we all come together at once place in Mumbai, take out a rally, let the RBI and Indian government understand our problems and find a solution for this. I still cannot understand how many of those big fellows transfer crores and we are limited to $500 limitations, don't send funds to others, don't keep money in paypal, banning payoneer cards, should purchase with Credit cards, are we under HITLER rule. Common folks, lets be brave, spend some bucks, join in 1000's, be there at RBI. Let's start this before its too late.
Dont lose hope! If you are feeling that you are squeezed out, then you can take a offline job for time being and do your online job part-time. Once the dust settles you can come back to online job fulltime. Wish you all the best!
Feel the same as you do, helpless! The freelancing community is doing a great job to our nation by bringing in Foreign money to India and yet these regulators, without any proper understanding of how these payment systems work & help Indian freelancers, want to throttle us with new rules, procedures, and what not. I think they only want us to watch porn online and not so much as earn anything online! Imagine, the only facility that Indian freelancers countrywide use from the government is broadband and perhaps electricity and with their hard work and skills they bring in millions of dollars / annum; they also sincerely pay their taxes ranging from 10 % - 30 %, all for the access of broadband and electricity. If RBI can not help Indian freelancers, the least they can do is not hinder the existing process.