Mar 29, 2017 at 19:45 | Source: PTI
The Oil Ministry has tweaked norms for allotment of LPG sale agencies to private individuals, raising the upper age limit of applicants to 60 years and lowering educational criteria to just 10th pass.
Mar 07, 2017 at 16:44 | Source: CNBC-TV18
The Income Tax Department is scrutinising petrol pumps across the country after its survey found that fuel outlets helped convert unaccounted cash after demonetisation, people privy to the taxman told CNBC-TV18.
Jan 30, 2017 at 20:58 | Source: PTI
The Delhi High Court today asked the Ministry of Petroleum and Natural Gas to inform it about its statutory rules under which commercial outlets are being allowed to operate at petrol pumps here.
Jan 23, 2017 at 21:58 | Source: PTI
Petroleum Minister Dharmendra Pradhan today said RBI may consider extending deadline for reduced Merchant Discount Rate (MDR) charges at petrol pumps beyond March 31 to promote digital transaction.
Jan 15, 2017 at 10:34 | Source: PTI
Aam Aadmi Party's traders' wing today asked Union Finance Minister Arun Jaitley to waive off the MDR, a concession given to petrol pump dealers, as it was eating into the profits of merchants.
Jan 13, 2017 at 07:50 | Source: PTI
"The decision is very clear. Consumers will not be burdened with Merchant Discount Rate (MDR). Retail outlets (petrol pumps) will also be kept out of its purview. Now it is between banks and OMCs how they share it," he said.
Jan 10, 2017 at 19:04 | Source: PTI
Digital payments company MobiKwik today announced zero surcharge on all payments at petrol pumps and for LPG gas.
Jan 09, 2017 at 15:50 | Source: Moneycontrol.com
Banks are the conduit through which the benefits of a high deposit base are likely to accrue. But if banks use it as a toll gate and start charging for every transaction, the economy would go back to its old ways.
Jan 09, 2017 at 15:42 | Source: PTI
Credit and debit cards will continue to be accepted at petrol pumps even after January 13 without customers having to pay transaction charges, the government said today.
Jan 09, 2017 at 08:42 | Source: Moneycontrol.com
The spat between banks and petrol pumps is likely to blow a hole in Prime Minister Modis digital India dreams. While petrol pumps pan-India have for now deferred their decision to decline debit and credit card payments for fuel sales until January 13, the matter might raise its ugly head again soon.