Amrita Credit & Shares Limited

India must go cashless exonomy to keep black money hoarders from amassing more. When cash gets transferred from bank to bank, imcome tax will be amassed in govt treasurey. Apart from that income tax will come down. Other taxes too will come down due to gst rules. Property price will become normal. Other prices of goods which cropped up, will fall down. There is no need for 7th pay commission, as people can afford to live with the same resource, they have. Export will increase after sometime. Bureaucracy will be limited. Now, we help the system to be purified.

Now in Indian economy, we want to create cashless economy. All the transaction must be done through banks, debit/credit cards, paytm, etc. This will stop removing money from the flow and never it will be hidden in bunkers like black money. At least 25% of the funds are saved in houses, bunkers, duplicate investment in others name, etc. This must be stopped and we want transparent economy.