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Finance minister Arun Jaitley. Photo: PTI
Finance minister Arun Jaitley. Photo: PTI

All transactions above Rs5000 to be made via e-payments: Finance ministry

The finance ministry's diktat is in line with its efforts to promote digital payments in the country

New Delhi: All payments by the government exceeding Rs5000 to suppliers and contractors will now be made electronically, the finance ministry has mandated, in a circular dated 5 December.

Earlier, the limit was Rs10,000.

The finance ministry’s diktat is in line with its efforts to promote digital payments in the country. As a first step, it is encouraging government departments and government officials to use digital means for their payments.

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