digital transactions

Digital payments firm FreeCharge to offer free insurance on wallet balance

The Snapdeal-owned company has partnered Reliance General to provide free insurance on wallet balance of up to Rs 20,000 on their e-wallets.

Dec 20, 2016, 17:20 PM IST

Demonetisation: Ten-fold jump in non-cash retail payments by 2025, says report

According to global financial services major Deutsche Bank, demonetisation is an immediate catalyst for the digital payments revolution.

Dec 16, 2016, 14:56 PM IST

Digital transactions a parallel way as no economy can be fully cashless: FM Jaitley

In yet another clarification on the government`s demonetisation drive aimed to curb black money, Finance Minister Arun Jaitley said on Thursday that the move towards a cashless economy is actually a "less cash economy" as no economy can be fully cashless.

 

Dec 15, 2016, 20:50 PM IST

To promote cashless economy govt announces discount on online railway bookings, lowers rental on PoS

Finance Minister Arun Jaitley announced various discounts in order to promote digital and cashless economy on Sunday in the two-day long meeting of the GST Council.

Dec 11, 2016, 20:52 PM IST

Cheaper petrol, free insurance for e-rail bookings: Government's 11 incentives to promote digital payments

Central Government has decided on a package of incentives and measures for promotion of digital and cashless economy in the country.

Dec 08, 2016, 18:46 PM IST

Trai expresses concern over India's low broadband penetration

Telecom regulator Trai on Wednesday said demonetisation has accelerated digital transactions in the country, but expressed concern over India trailing nations like Singapore and Malaysia at the level of broadband connectivity, a key component of digital infrastructure.

Nov 30, 2016, 15:43 PM IST

Demonetisation: No charge on use of debit cards; farmers to get easier cash access

The government announced more steps to help farmers to meet their cash needs during the ongoing rabi season and directed banks to waive debit card transaction charges to encourage digital payment.

Nov 23, 2016, 18:49 PM IST

Panel for Equalisation Levy of 6-8% on digital transactions

A CBDT committee on taxation of e-commerce has suggested a "Equalisation Levy" of 6-8 per cent for business-to-business deals with a view to tax digital transactions

Mar 21, 2016, 20:42 PM IST

Digital payments worth Rs 12,599 cr made in April-July: Report

Increasing Internet penetration and financial inclusion initiatives by government have helped digital transactions, including those on mobile wallets, touch Rs 12,599 crore in April-July 2015, a report said Wednesday.

Oct 14, 2015, 20:30 PM IST