-The Hindu The Centre had carried out an exercise to eliminate duplicate, fake, ghost, and inactive accounts New Delhi: The Petroleum Ministry has issued a rebuttal claiming its calculations were correct on the savings on account of direct benefit transfer in LPG cylinders tabled in Parliament. A report by the Comptroller and Auditor General had questioned the method arrived at on the savings, more than 10 days ago. The report, tabled on August 12,...
More »SEARCH RESULT
Total Matching Records found : 253
CAG differs with Oil Ministry on calculation of estimated LPG subsidy savings -Tito Das
-The Hindu Business Line New Delhi: The Comptroller and Auditor General of India has found the estimated savings on account of Direct Benefit Transfer of LPG in 2015-16 to be lower than that of the Ministry of Petroleum and Natural Gas, primarily because of the differences in assumption of key variables. In a report titled ‘Implementation of PAHAL (DBTL) Scheme’ tabled in the Lok Sabha on Friday, the CAG found that the...
More »What’s cooking? -Richa Mishra and Debabrata Das
-The Hindu Business Line The PMUY scheme, under which the poor get subsidised LPG connection, addresses an urgent need. At the same time, it can turn out to be a political masterstroke for the BJP, write Richa Mishra and Debabrata Das The kitchen has always played an important role in Indian politics. Leaders across political parties have cooked their electoral fortunes with the kitchen as the integral ingredient. While some distributed highly...
More »Soon, submit income tax return copy to get LPG subsidy -Amitav Ranjan
-The Indian Express The IT Act forbids the income tax department from sharing income details of an assessee unless the Central government specifies an officer, authority or body to receive the data to perform his or its functions under a law. Soon you will have to submit a copy of your income tax return (ITR) every year to the LPG dealer to claim subsidy on cooking gas cylinders. With the voluntary GiveItUp...
More »The indirect benefits transfer -Jayati Ghosh
-The Hindu India’s record in collecting taxes has been pathetic, and it is getting worse. The declining rates of direct taxation are an indication of the political choices of the government We now have a peculiar combination in the economic policy of India: a declared attempt at fiscal consolidation, combined with a reluctance to do what it takes to raise tax revenues. This unfortunate juxtaposition has meant a squeeze on Central government...
More »
