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Finextra: The Indian Government has put forward proposals to reduce the tax burden on electronic payments in an effort to reduce the use of cash and bring more people into the formal economy. 
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Tax rebates for using electronic payments in India! A big move to discourage cash... the bigger news is the 'uniform interchange rates' ... unlikely RBI will follow EU interchange rates, but does indicate pressure now on banks of find ways of halting or reducing reward / loyalty programs as we are seeing in EU.
Look forward to the new policy.