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The government on Thursday made petrol and diesel cheaper
for those paying digitally and offered up to a 10 percent discount on insurance
premium paid through state-owned companies’ online portals, as part of a string
of new measures to wean people away from using cash.
Finance Minister Arun Jaitley announced the new steps as the
government took stock of developments a month after the old Rs 500 and Rs 1,000
notes were demonetised on November 8. Here are the new measures announced on
Thursday: Fuel purchases For those paying through cards and e-wallets, petrol
and diesel purchases will be cheaper by 0.75 percent Point-of-sale machines The
government will provide two Point of Sale (PoS) machines for free to each of
the one lakh villages that have a population of upto 10,000.
Around 750 million crore people will get access to these
machines. Also, fee for PoS devices given by banks will be capped at Rs 100.
Currently, there are 6.5 lakh such PoS across the country. Suburban season
tickets Seasonal and monthly tickets of suburban railway networks will offer a
discount of 0.5 percent if paid digitally. The discounts will start from
January 01, 2017 from Mumbai Suburban Railway network Rail ticket incentives
Railways passengers who purchase tickets online will be eligible for an
accident insurance coverage of Rs 10 Lakh for free. Currently, 58 percent
passengers buy tickets online Passengers making payments online will also be
eligible for 5 percent discount on accommodation, catering and retiring room at
railway stations. Service tax waiver No service tax will be charged on credit
and debit card payments on transactions of up to Rs. 2,000.
Insurance cover Customers paying payments through online
gateways of public sector general insurance companies will be given a 10
percent discount. The discount will be 8 percent for premium made through the
portal of Life Insurance Corporation (LIC) Government bodies and central public
sector undertakings will not charge a transaction fees for digital payments.
Toll plaza sop Highway users will be eligible for a 10
percent discount if tolls are paid through the digital mode People who pay
digitally at toll plazas on national highways will get a 10% discount.