A few years back, our government encouraged people to do online transactions. Now, people are fully used to online transactions, and they are implementing GST at a lower rate. amount also. But I think this is not going to be implemented. There was news about this a few months ago, but now everything seems cold. At first, the government was encouraging people, but now. I think is government will implement GST in UPI transactions. Then people might not consider it because no one is going to pay extra. for. the payment if they can do that in cash. If you can pay cash without even giving anything extra, then why do people do online transactions? But the thing is, most of us are used to and. hope we don't even carry a single penny of cash in our pockets.
After the online transaction, things seem to be very easy for everyone because you don't have to carry money all the time. You don't have to worry about. the cash now everything is online. Yes, many people still do cash transactions because they do not want to pay taxes. Maybe that would be the reason. Because if you are using online transactions then all of your transactions and other things can be tracked. But if you are dealing in cash, then it is hard to track your cash most of the time.
This thing is not yet implemented, but maybe it will be in the future, but people are against it and everyone is clear. they have to pay more than Y they will use this service because as an Indian we do love free things a lot. So I think at the. end government is going to. think about this and I am sure that this is not going to happen if this happens then People will shift towards cash and that is. and that is going to be a troublesome option.
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