https://www.taxtmi.com/news?id=21705 MeitY implements incentive schemes including BHIM cash back and merchant incentives and authorised reimbursement of Merchant Discount Rate on Debit Card, BHIM UPI and BHIM Aadhaar Pay transactions for amounts up to Rs. 2000 for two years from 1 January 2018; public transport operators were requested to enable the National Common Mobility Card. The Budget proposal directs larger business establishments to offer low cost digital payment modes without levying charges or MDR on customers or merchants, with RBI and banks expected to absorb costs from cash handling savings. en-us Tue, 16 Jul 2019 10:14:37 +0530 Tue, 16 Jul 2019 10:14:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=21705 MeitY implements incentive schemes including BHIM cash back and merchant incentives and authorised reimbursement of Merchant Discount Rate on Debit Card, BHIM UPI and BHIM Aadhaar Pay transactions for amounts up to Rs. 2000 for two years from 1 January 2018; public transport operators were requested to enable the National Common Mobility Card. The Budget proposal directs larger business establishments to offer low cost digital payment modes without levying charges or MDR on customers or merchants, with RBI and banks expected to absorb costs from cash handling savings. News - Tue, 16 Jul 2019 10:14:37 +0530 https://www.taxtmi.com/news?id=21705