India to offer incentives on digital transactions to boost cashless economy

//India to offer incentives on digital transactions to boost cashless economy

India to offer incentives on digital transactions to boost cashless economy

By | 2016-12-08T14:46:04+00:00 December 8th, 2016|feed news|Comments Off on India to offer incentives on digital transactions to boost cashless economy

NEW DELHI (Reuters) – Finance Minister Arun Jaitley on Thursday announced incentives ranging from 0.75 percent to 10 percent on retail purchase of products like petrol, diesel and insurance products from state-run companies, to encourage cashless transactions.