Hacker News new | ask | show | jobs
by aurizon 1099 days ago
India is losing track of dollars, and their added taxes, so they are creating hurdles in the payment process to make sure their tax component is collected and they get it. There are a host of countries doing the same thing = compiles PITA for sellers on all payments, so this adds costs to payment processors, some say fukkit and leave that market - some solve it with/without 'cheating' India.

https://cleartax.in/s/rbi-reserve-bank-of-india