Wednesday 24 February 2016

No more surcharge for Cards or digital payments

Cabinet to discourage cash transactions and digital payment card surcharge on Wednesday, decided to terminate the service and facility fees.

Chaired by the Prime Minister at the meeting of the Union Cabinet exceed a certain threshold for compulsory card or digitally approved.

An official statement said that the promotion of payments through cards and digital highlights of the various government departments and organizations such payments, surcharges, service charges and facility to go back to step is included.

The statement said that the card can prevent tax evasion by encouraging digital methods of payment.Government payments will also help to reduce cash transactions and longitude.


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