FM Inaugurates Government’s E-Payment System ; Reassures Government’s Strong Commitment for Improving Efficiency, Bringing Transparency and Introducing Reforms; System Expected to Eliminate Almost Two Crore Cheques.

FM Inaugurates Government’s E-Payment System ; Reassures Government’s Strong Commitment for Improving Efficiency, Bringing Transparency and Introducing Reforms; System Expected to Eliminate Almost Two Crore Cheques. https://www.taxtmi.com/news?id=2379 The central government inaugurated a security compliant, digital signature-based electronic payment system and a Government Electronic Payment Gateway (GePG) developed with NIC and banks to replace cheque-based payments with direct electronic credits, enable automated processing and bank reconciliation, create a transparent, trackable payment trail, reduce transaction and administrative costs and leakages, support direct subsidy transfers, and require IT certification, staff training and capacity building for nationwide rollout. en-us Mon, 31 Oct 2011 18:07:50 +0530 Mon, 31 Oct 2011 18:07:50 +0530 TaxTMI RSS Generator FM Inaugurates Government’s E-Payment System ; Reassures Government’s Strong Commitment for Improving Efficiency, Bringing Transparency and Introducing Reforms; System Expected to Eliminate Almost Two Crore Cheques. https://www.taxtmi.com/news?id=2379 The central government inaugurated a security compliant, digital signature-based electronic payment system and a Government Electronic Payment Gateway (GePG) developed with NIC and banks to replace cheque-based payments with direct electronic credits, enable automated processing and bank reconciliation, create a transparent, trackable payment trail, reduce transaction and administrative costs and leakages, support direct subsidy transfers, and require IT certification, staff training and capacity building for nationwide rollout. News - Mon, 31 Oct 2011 18:07:50 +0530 https://www.taxtmi.com/news?id=2379