Digital Payments MDR announcement

Read attached friends. Govt has addressed circle ask about mdr charges being absorbed by them in budget. However they are only doing it for businesses above 50 crore revenues. How about small traders. We have tens of millions of traders. They will still be not doing digital. more  

EED5D968-67FF-4240-9C91-1734031699C1___20190706113613___.jpeg
View all 9 comments Below 9 comments
Still maxmum dealing is done prefer in cash payments in all over India so there must be consideratioin more  
I feel that the limit set by Government is reasonable. Common man generally doesn't deal with trading units with turn over more than 50 crores. This reform is long overdue. more  
Even cab drivers like OLA and UBER in Chennai accept rides only if you pay cash more  
i also think there is a mistake from which newspaper did it come.Check in the finance ministry website on the details.Actually hardships are faced by small traders more  
It is the host of small traders and businessmen who should be encouraged to accept digital payments by their retail customers. I have not been able to avoid cash payments to this sector. Rest of my payments are always digital. more  
Post a Comment

Related Posts

    • Misleading by water purification cos

      Water Purifier industry is almost a semi scam Mis-selling, fear mongering by both trade and brands. And looting in the name of service Aquaguard, Kent, Pureit are all the sam...

      By Shivani Khiste
      /
    • gst on mediclaim

      abolition of gst on mediclaim is a long standing demand.for some reason if the govt.is unable to abolish the same they can reduce the rate,alternatively exempt the policies of senior citizens from ...

      By Suresh Dasarathy
      /
    • GST on health insurance policies

      Govt shows great effort to help sr citizens by listing in ayush maan bharat. PM talks of jan seva shops for cheaper medicines. Then why 18%GST is being levied on mediclaim installments.

      By Satyapal Singh
      /
    • You have 3 grace days after credit card payment due date

      Banks Have To Provide 3 Days Grace Period From The Due Date and if u make the payment within these 3 days late fee and interest has to be reversed. Attached RBI circular and link

      By Sobhita D
      /
    • Mediclaim ageNts and customers

      Mediclaim policies,are increasing day by day.on line policies are also available.big market and big business.Due to frauds in hospitals, companies ChaNged rules. Main problem is that agents wh...

      By Satyapal Singh
      /
    • Customer Compensation for Internet downtime

      As a broadband/optic fiber internet service subscriber, are you facing network issues ? I've been facing internet black out periods due to service provider issues. Though they resolve it in a ...

      By Prajith PS
      /
    • Why electric scooters cost 4x in India

      In China these electric scooters cost as little as $300 that would be equivalent to approximately 25000, whereas in India it starts from 1lakh; what's the reason?

      By Reeta Kumar
      /
    • Pathetic Tata Cliq

      Has anyone returned items on Tata cliq? I returned some items for a size mismatch and they decide they won't refund it for a 'quality issue'. No more details. I have shopped on myjio, Amazon, Myntr...

      By Ashima Gupta
      /
    • Hybrid cars

      Currently, GST (28%) + Cess (15%) on hybrid cars is 43%. Nitin Gadkari Transport Ministwr has urged to slash the GST to 12%, leading to GST (12%) + Cess (15%) =27%. So hybrid...

      By Rajesh Suri
      /
    • Cash only??

      Recently, one of my colleagues had to be hospitalised and thereafter undergo physiotherapy in a center. The physiotherapy center was insisting on cash payment for amount which was ruuming into thou...

      By Padmanabhan G
      /
    • Airlines cheating Neta/Babu sleeping

      New Fraud by some Airlines 1- You Booked Flight 3 months before travel day at Lowest Price of Rs 4300. 2- After that, Airlines will cancel your Flight just few days before yo...

      By Sneha Goyal
      /
Share
Enter your email and mobile number and we will send you the instructions

Note - The email can sometime gets delivered to the spam folder, so the instruction will be send to your mobile as well

All My Circles
Invite to
(Maximum 500 email ids allowed.)