A big face on petrol and diesel, applied on August 1, applied to you?
New Delhi: The cashback scheme started to promote digital payments on petrol pumps has been cut. After paying the petrol to consumers, so far the payment of the digital payment was 0.75% but now 0.25% will be availed. On December 13, 2016, for the promotion of digital payments, the payment of petrol and diesel on the purchase of a card with a credit card like credit card and credit card was exempted from 0.75%.
This discount was being given by means of 'cashback'. Within 3 days of the payment, the exemption was transferred to the customer's account.
On the payment of credit card, debit card, e-wallet or mobile wallet, customers get 0.75% discount on petrol and 57 paisa per liter and 50 paisa per liter of diesel. Due to the reduction of the excise duty, the price of petrol will be 19 paise and diesel will be 17 paise per liter. Petrol price in Delhi currently stands at Rs 76.43 per liter. When the price of diesel is Rs. 67.93 Is there.
Prime Minister Narendra Modi announced on November 8, 2016 the withdrawal of 500 and 1,000 notes in the currency at that time. After a month, many types of exemptions were issued to promote digital payments.
It was also said that 4.5 crore people purchase petrol of Rs 1800 crore per day. Within one month after digitization, the digital payment doubled to 40 percent. However, it was later seen that even after the cash flow in the economy, digital payments were also reduced.