Make India ‘Tax free’ regime using Power of Money going Virtual.

Make India ‘Tax free’ regime using Power of Money going Virtual.    


To whom so ever interested.                                 

AUTHOR: P Abraham Paul.     Dated June 8, 2017




I wrote about “Exclusively Banked Universal Money Management using Phones (acronym ‘Money through Mobile’ mTm) in a comprehensive paper covering almost all aspects related to it as early as in 1997 when no one has heard of those.

mTm with Integrated bank

The technology adaptation was based on the feature USSD (Unstructured Supplementary Service DATA) in modern form of Signalling CCS7 in Telecom systems in PSTN as well as in PLMN. I am the first one to implement IN based Prepaid service in GSM and the Mobile Wallet Facility.

I got it tested out using USSD, and the many features, products & services as detailed in my paper in the link:

Universal mTm- System intgrated with Exclusive mTm- Bank

Need of regulatory measures by Government.

Visualising the need of having a uniform structure, applications & methods for it to succeed and the need of Government’s role in its regulatory requirements to overcome its disruptive potentials effect on economy, I did not venture to do it then myself and I had been writing to Government as well as to RBI and to Planning Commission on this and many other areas such as UUID, Exclusive Government owned Communication systems, Networks, Transport and the Connectivity issues, availability and readiness of required minimum Eco system and so on and so forth for it to take off. (Available in papaulsblogs in

  1. Object.

The main object being Inclusive Growth through Financial Inclusion, in a country like India with of its most population residing in Rural areas, it is going to take considerable effort, time and money. But then there is nothing known as ‘Perfect’ in planning, wait for it and nothing happens. The way to go is to use best of the Contemporary and move on; always with an eye on the future, beginning from Cities, Towns and in places where required eco system readily available and then move on to other areas.

This is what many Private e-business Companies do with least concern of its main object of realising Inclusive growth by Financial Inclusion is being achieved or not.

Harnessing the Power of Money gone Virtual everywhere and for everything, give opportunity for Governments to generate enough revenue for their needs by levying a small percentage on every amount of money being transacted; a bye product BONUS, to make India a ‘TAX-FREE’ nation with no other Taxation, Direct and else , GST etc.

The key issue here compromising privacy in money deals of everyone, from the Poorest of poor to Multi-Billionairs, Organizations/Institutions/Trusts/Societies (good and bad), Banks/ MFCs and the worst it, the Political Parties.

However, going Digital in anything &  everything and everywhere being one of the Prime Object of Government’s Policies, that cannot happen without everything become Transparent, and along with it the Hyper Media like Google and else prying into everything  word ‘Privacy’ in almost getting obsolete. Look what happens when you are asked to link Aadhar with PAN,  your every Bank account and money transactions have become Transparent. Facts being so, Governments overseeing every money being transacted using Technology systems as explained in this paper is just a  fate accompli and therefore,  it become meaningless to  object it as  inappropriate as it intrude Privacy.

Please click on the caption below to read the article in full.

Make India ‘Tax-free’ using Power of Money going Virtual.



Please see my other posts in free for anyone to take and use.


Abraham Paul P. FIE, FIETE

Freelance ICT/ICN Consultant.



About Abraham Paul

Vision & Objective: Telecom has always been the passion of my life. After 60 years of outstanding career and many personal contributions to the industry, I still have same urge, and desire to give back to the industry, the abundant experience, knowledge and potential acquired, by providing consultancy service to forward looking enterprises and entrepreneurs in Legacy and New generation Telecom & IT in the areas of Business Management, Technology, Engineering and Services. Apolitical and religiously unbiased.
This entry was posted in Money as a Commodity, Politics & Governance, Social and Community affairs, Uncategorized, Universally Governments Operating Money as Commodity. Bookmark the permalink.

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