New PayPal Rules for India

[TinTin]

SO let me get this Straight,Even if I get the money From Lets say a RS account Sale i will Have To withdraw it To my BAnk In 30 Days and after 30 Days what?

EDIT:Any idea from the date these rules will be applied?

http://www.webhostingtalk.com/showthread.php?p=6740809#post6740809

This Actually sends jitters down the spine for me...

I think its 30 days from date of transaction.

[bentink]

Just quit Paypal

[shubhank008]

Paypal is going shit. They are making Indian users suck
I got same mail and in my mail was mentioned that all money recieved as goods should be transferred to bank in 30 day from transaction

What about services ?
What the hell !
I am below 18 and cant get a credit card to pay transferred money for server costs ?
Now what ? I should ask my father to just letme use his CC each month !
Common, gather People and attack PP office in chennai or atleast mail them

[MRDJ]

Paypal is going shit. They are making Indian users suck
I got same mail and in my mail was mentioned that all money recieved as goods should be transferred to bank in 30 day from transaction

What about services ?
What the hell !
I am below 18 and cant get a credit card to pay transferred money for server costs ?
Now what ? I should ask my father to just letme use his CC each month !
Common, gather People and attack PP office in chennai or atleast mail them

Well i think its not paypal doing this its the Tax Hungry Indian Govt who just wants to take more money from the booming IT industry

[aishamontreal]

I don't think it is a problem with PayPal, but yes with Indian Legislation.

[ProtoWorker]

Fuck it ! Damn rules again
I think they are goona reactivate the personal payments again, or else this gonna be a big trouble

[GoPantheoN]

ah fucking paypal

[warezrock]

fuck indian govermant
they are money sucker

[Ash]

I didnt get the mail yet

[MRDJ]

@ashufootball i also havent got the mail but the mail these guys are showing is stating this is applicable to services also which include most of the Indian Webmaster,and most prob u'll receive a mail in a day or two including me.

Tbh this is like a Termination notice From a hosting Compnay and No access To the server For a backup