GOVERNMENT OF INDIA
English language

Home | MyGov

Accessibility
Accessibility Tools
Color Adjustment
Text Size
Navigation Adjustment
Screen Reader iconScreen Reader
Menus
Sticky Menu

Draft Proposals for Facilitating Electronic Transactions

Draft Proposals for Facilitating Electronic Transactions
Start Date :
Jun 16, 2015
Last Date :
Jun 29, 2015
17:00 PM IST (GMT +5.30 Hrs)
Submission Closed

The Finance Minister in his budget speech for the Union Budget 2015-16 made the following announcement: ...

The Finance Minister in his budget speech for the Union Budget 2015-16 made the following announcement:
“One way to curb the flow of black money is to discourage transactions in cash. Now that a majority of Indians has or can have, a RUPAY debit card. I therefore, proposes to introduce soon several measure that will incentivize credit or debit card transactions and disincentivize cash transaction”.
Accordingly, draft proposals for facilitating electronic transactions (E-transactions) have been prepared. Comments and views are invited on the Draft Proposals.
Draft Proposals For Facilitating Electronic Transactions (The Proposals placed below are only at the draft stage and are being placed here to obtain public opinion. The proposals as they stand at this stage, do not imply any commitment from the government)
The last date to share your views is 29 June, 2015 by 5:00 p.m.

Reset
Showing 1250 Submission(s)
Saugata datta
Saugata datta 11 years 3 weeks ago
No service charges for any online bill payment, like we have to pay now for electric Bill on West Bengal State Electricity Board. No extra charges for online payment on booking ticket online via IRCTC. Reduction of service tax, VAT, surcharge & luxury tax on non-cash transactions No charges on IMPF & other bank transfers User controlled dynamic spend limits on Debit cards Alternative methods for 2 factor authentication Install NFC supported machines at POS Easy money transfer
Dislike (0)
Reply
Report Spam
praveen_17
praveen_17 11 years 3 weeks ago
This is a great idea which has been thought by our great finance minister it should be implemented asap. Every single paisa should be by card so that there is high possibility of eradicating corruption through out the country. Jai Hind !!! All the best
Dislike (0)
Reply
Report Spam
Dano Jose
Dano Jose 11 years 3 weeks ago
Reduction of service tax, VAT, surcharge & luxury tax on non-cash transactions No charges on IMPF & other bank transfers User controlled dynamic spend limits on Debit cards Alternative methods for 2 factor authentication Install NFC supported machines at POS
Dislike (0)
Reply
Report Spam
Sundeep_4
Sundeep_4 11 years 3 weeks ago
Wonderful Proposal Sir. Now we understood the power and value of Jandhan Yojana. Would like to see this initiative driving india towards complete electronic transactions curbing out corruption. We are with you Sir. Looking forward to see this come true..
Dislike (0)
Reply
Report Spam
GOUTHAM HEGDE
GOUTHAM HEGDE 11 years 3 weeks ago
At most of the places I prefer cash to card because of the extra charges levied on card transactions... If these extra charges were not there then I would have definitely done all transactions using card . Therefore, I vote in support of card payment with subsidy implementation.
Dislike (0)
Reply
Report Spam
Abhirup Bhadra
Abhirup Bhadra 11 years 3 weeks ago
#ElectronicTransactions....The electronic transaction channel should be a special portal independent of internet, comprising a different network connecting banks, enrolled business organisation, department of income tax and a multilateral vigilance body. I hope this will make transactions neat, safer and fruitful.
Dislike (0)
Reply
Report Spam
Sticky Menu