RBI wants to bring all the money under Indian system for taxation. It will avoid the case where people would keep money in their PP account and use it for onlin

RBI wants to bring all the money under Indian system for taxation. It will avoid the case where people would keep money in their PP account and use it for online financial transactions. (Yeah, PP does keep information about Indian users, but I guess Indian authorities/PP do not want to deal with the hassle of book-keeping and enforcement.) http://www.labnol.org/india/paypal-india-dead/18585/ http://www.labnol.org/india/paypal-india-dead/18585/