The government is considering a proposal to offer consumers a 2% tax discount for paying online in an yet another effort to wean Indians away from cash.
The incentive will be available on items taxed at 3% or more and is subject to a ceiling of Rs 100 per transaction, the official said.
If approved, consumers will be offered two prices for products—one with the applicable tax rate for cash payments and another with a 2 percent discount for online payments (via).
The much needed ‘freebie’ needed to continue the digital revolution?
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Paying digitally? You might get 2% tax concession under GST
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