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Regulation & tax · India

Tamil Nadu beverage monopoly mandates digital payments over 500 rupees

· 1 min read · Source: The Times of India

The Tamil Nadu State Marketing Corporation announced plans to restrict cash payments exceeding 500 rupees starting in January. The state-run retail monopoly is deploying point-of-sale terminals across retail outlets to encourage card and electronic transactions. Officials introduced the policy to improve revenue transparency, minimize cash handling discrepancies, and modernize liquor store operations.

Read the full report at The Times of India

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