GOOD NEWS:- FINANCE MINISTER ARUN JETLI NI JAHERAT:- ONLINE TRANSACTION MA 0.75% NU DISCOUNT.

RS.2000 SUDHI NA ONLINE Transaction PAR NAHI LAGE SERVICE TAX.:- NEWS REPORT.

Government will waive service tax on debit and credit card transactions of up to Rs 2,000 in a bid to promote digital transactions amid cash crunch following withdrawal of old Rs 500 and 1,000 banknotes .
The government has decided to "exempt services by an acquiring bank to any person in relation to settlement of an amount up to Rs 2,000 in a single transaction transacted trough credit, debit card or other payment card service," sources said.

Here are the major announcements

*Petrol/diesel cheaper for those who pay by digital mode, to get 0.75% discount.

*NABARD will give Rupay card to people who have Kisan Credit Card

*People buying monthly seasonal tickets in the Suburban railway networks through digital payment mode, to get 0.75% discount.This is effective from Jan 1st 2017, starting from the Mumbai suburban railways.

*Insurance cover worth Rs.10 lakhs for those who book Railway tickets through digital mode.

* 5% discount on digital payment mode for railway facilities like catering, retiring rooms.

* Two POS machines will be given to villages with 10K population, 1 lakh villages to be selected.

*10% discount on RFID and FASTag procured through digital payments at toll plazas across all national highways.

*Buying general, life insurance policies from PSU insurers’ websites and premium to get 10% and 8% discount, respectively.

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Akila News Report , Aaj Tak News

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