Cabinet Nod to Incentivize Cashless Transactions

  • The Union Cabinet approved several steps to promote cashless transactions including card-based or electronic payments.
  • Some of the major steps approved by the Cabinet include the withdrawal of any additional charge currently imposed on card or digital payments by various government entities and the introduction of the required infrastructure for digital payments in all government offices.
  • Promotion of payments through cards and digital means will be instrumental in reducing tax avoidance.