Latest News on Mdr
Showing of 0 - 10 from 14 results
Mdr - Total results - 14
Jul 09, 2019
Payments Council says abolishing MDR charges to dry up investment capital; will kill revenue source for industryAbolishing merchant discount rate (MDR) to facilitate digital transaction in the country will dry up foreign capital investment besides leaving the sector without sources of revenue generation, the Payments Council of India (PCI) said on Tuesday
Jul 05, 2019
Petrol and Diesel Budget 2019: Cess on petrol, diesel hiked by Re 1 per litre; customs duty on gold increasedSitharaman proposed to increase special additional excise duty and road and infrastructure cess each one by 1 rupee a litre on petrol and diesel.
Jan 02, 2018
Digitisation push: No charges on debit card payments up to Rs 2,000, MDR to be borne by govt for 2 yearsUnion Cabinet approved a proposal that government will bear the merchant discount rate (MDR) charges on transactions up to Rs 2,000 made through debit cards, BHIM, UPI or Aadhaar-enabled payment systems to promote digital transactions.
Dec 17, 2017
Government to bear MDR charges on transactions through BHIM UPI or Aadhaar-enabled payment systemsThe merchant discount rate (MDR) will be borne by the government for two years with effect from 1 January 2018 by reimbursing the same to the banks.
Dec 15, 2017
In a big push to 'cashless economy', govt waives MDR charges for digital transactions up to Rs 2,000Ravi Shankar Prasad was briefing the media about the Union Cabinet scrapping MDR for debit card payments and other digital transactions
May 29, 2017
New multidrug-resistant fungal superbug 'candida auris' is giving Indian doctors sleepless nightsNamed Candida auris, the superbug can be fatal for its victims if left untreated. It mostly infects intensive care patients with prolonged hospital stays.
Feb 20, 2017
E-payments, digitisation: Why is the govt muddying the waters once again?Keeping multiple slabs will compel small businesses to open two separate shops showing turnovers of under Rs.20 lakh per annum.
Feb 02, 2017
Demonetisation impact: Chidambaram is wrong; India’s GDP will soar even without new jobsThe mere introduction of epayments will boost India’s GDP. However, if enough jobs are not created, there could be both political and social turmoil
Jan 31, 2017
Things to look out for in the 'Interim report on Digital payments' filed by panel of CMsA committee of chief ministers and experts have submitted an interim report on the steps the government can take to transform India into a less cash economy.
Jan 13, 2017
Banks, oil marketing companies to bear card payment charges at petrol pumpsThe government stands by its decision that customers using non-cash digital modes of payments will not have to pay any transaction charge.