"Is India ready to go Cashless ?" This question is being asked by a lot of people since past two years. The answer to it can only be given after a thorough research on the present condition of how people deal in cash.
Cashless Economy is an economy where there is no physical circulation of cash and all the transactions are done through online mode. Going cashless will be a boon for the society with an infinite number of benefits. It will bring much needed transparency. All the transactions of the merchants will be revealed and they have to pay taxes accordingly. Corruptions can be curbed, as it is not possible to take much bribe online.
Cashless Economy is an economy where there is no physical circulation of cash and all the transactions are done through online mode. Going cashless will be a boon for the society with an infinite number of benefits. It will bring much needed transparency. All the transactions of the merchants will be revealed and they have to pay taxes accordingly. Corruptions can be curbed, as it is not possible to take much bribe online.
