RBI

RBI vs PayPal – RBI sets to kill freelancers

RBI vs PayPal – RBI sets to kill freelancers

RBI’s recent directives which limited the transactions of through Online Money transfer entity PayPal was aimed at tightening the hold on freelancers’ and regulating them for taxes. All sorts of freelancers and small-scale service providers,- small data entry firms, medical transcription providers, copywriters, web designing firms, report writers, freelance software developers, graphic designers, animators and […]

RBI guidelines for PayPal make no sense

RBI guidelines for PayPal make no sense

By- Priyankan Goswami After the nationwide dissatisfaction shown by Indian IT Service providers and freelancers against the RBI’s recent Regulations which led PayPal to declare new rules for Indians, the Government officials and state sponsored analysts are seen making efforts to showcase that this directive is actually good for the people. These pro-RBI campaigners are […]

RBI Guidelines to PayPal make life hell for IT Service Providers

RBI Guidelines to PayPal make life hell for IT Service Providers

By- Priyankan Goswami The conflict between PayPal and RBI’s recent Regulation’s which led to PayPal to declare new rules to be brought into effect is set to affect adversely all small scale Freelancers and Service providers. Post the write up named PayPal’s new rules based on RBI Guidelines : Blow on Indian Freelancers published in Times of […]

PayPal’s new rules based on RBI Guidelines – Blow on Indian Freelancers

PayPal’s new rules based on RBI Guidelines – Blow on Indian Freelancers

In a country where Governments give a blind eye to crores and crores of money fraudulently transferred to foreign accounts, where corruption and scam by top capitalists and ministry officials come second nature, there has come a new set of rules and regulations to create only inconveniences to small Indian SMBs and independent freelancers. For […]