Union Government announces package forpromotion of digital & cashless economy
The Union Government has announced package ofincentives and measures for promotion of digital and cashless economy in the country.
It was announced to supplement the surge in thedigital transactions aftermath demonetisation of oldRs.500 and Rs.1,000 notes for promotion of digitalcashless economy and cutting out cash transactions.
Discount of 0.75% on digital payments at fuel pumpsrun by State oil firms.
Discount of 0.5% on sub-urban rail season/ monthlytickets paid for digitally
All railway passengers buying online ticket will getfree insurance cover of upto Rs. 10 lakh
8% discount on life insurance. 10% discount on generalinsurance from PSU firms.
No service tax on digital transactions upto Rs.2,000
10% discount for digital payment of toll on National Highways.