For me, it kind of feels like a mandatory thing and ruins the whole thing. Everyone's donation can be and will be tracked as you get the bank statement and depending on the case, you can be judged according to the size of the donation

Yes.

I don't know about you, but I personally don't want to know what society is going to be in 10, 20 years in this regard. I'm ok with the old fashion way and some thing should not change

Old fashion or good manners? Celebrating a birthday like this is how morally shallow, narrow-minded individuals live. They existed in the past and they'll exist in the future.

When I was a teen, I remember my dad had a birthday party, and one friend gifted him an expensive electronic device and another friend presented a pot with a crocus. The first friend owned two factories and the second friend was a doctor in a governmental hospital. You aren't better or worse when you earn more money, people just live different lives, and friends exist to enjoy living alongside each other and supporting each other. Friends is when you present a crocus, and feel respected, welcomed, and wanted.