https://www.taxtmi.com/news?id=14638 The draft proposes incentives and regulatory measures to shift payments from cash to electronic modes by examining removal of convenience surcharges in government collections, promoting discounts for small electronic payments, rationalising Merchant Discount Rate and interchange fees, offering tax rebates to merchants and consumers for electronic receipts, mandating electronic settlement for high value transactions, increasing reporting ceilings for aggregated card payments, deploying POS infrastructure through banks and non banks, rationalising mobile USSD charges, and instituting fraud assurance and grievance redressal mechanisms. en-us Fri, 26 Jun 2015 10:33:25 +0530 Fri, 26 Jun 2015 11:18:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=14638 The draft proposes incentives and regulatory measures to shift payments from cash to electronic modes by examining removal of convenience surcharges in government collections, promoting discounts for small electronic payments, rationalising Merchant Discount Rate and interchange fees, offering tax rebates to merchants and consumers for electronic receipts, mandating electronic settlement for high value transactions, increasing reporting ceilings for aggregated card payments, deploying POS infrastructure through banks and non banks, rationalising mobile USSD charges, and instituting fraud assurance and grievance redressal mechanisms. News - Fri, 26 Jun 2015 10:33:25 +0530 https://www.taxtmi.com/news?id=14638