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Farmers’ meet demands law to guarantee income -KV Kurmanath

-The Hindu Business Line Hyderabad: The three-day Kisan Swaraj Sammelan, which concluded here on Sunday, has called for an income guarantee scheme for farmers. The meeting, attended by farmers’ representatives and non-governmental organisations, from 25 States in the country, demanded that the Union government must bring out an Act to ensure minimum incomes for farmers. In a declaration announced at the end of the three day convention, the conference called for enactment...

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Govt mines tax data to prune LPG subsidy list -Jyoti Mukul & Sudheer Pal Singh

-Business Standard Petroleum ministry went through the list of consumers in affluent areas to find only 3% earning over Rs 10 lakh/year had surrendered their cooking gas subsidy The government is monitoring people earning over Rs 10 lakh a year who have not given up their cooking gas subsidy. Income tax data was being examined in affluent areas, Petroleum Minister Dharmendra Pradhan told Business Standard. This year's Economic Survey said Rs 1 lakh...

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Centre changes tack on LPG subsidy campaign -TCA Sharad Raghavan

-The Hindu The government seems to have given up on the Give It Up Campaign for LPG cylinders and has begun debarring LPG users who earn more than Rs. 10 lakh a year from the subsidy starting from their next refill. “Since your income is above 10 lacs, LPG subsidy is not admissible as per govt directive. Pl submit a declaration to distributor if your income is below 10 lacs,” LPG distributors...

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Over 80 lakh households have given up LPG subsidy: Pradhan

-The Hindu Campaign is part of government’s endeavour to reduce LPG subsidy bill More than 80 lakh households have given up LPG subsidy under the ‘Give it Up’ scheme, as of March 3, 2016, Oil Minister Dharmendra Pradhan said.The ‘Give it Up’ campaign is part of the government’s endeavour to reduce its LPG subsidy bill. Under the scheme, LPG users who can afford to pay the market rate for the fuel are encouraged...

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Those under watch ineligible for Income Declaration Scheme -Vikas Dhoot

-The Hindu The scheme also shuts out ‘innocent’ taxpayers who filed returns on time but whose cases were chosen for scrutiny to verify claims. Tax payers, whose returns were picked for random scrutiny by the authorities in recent years, would not be eligible to turn concealed income into ‘white’ under the Income Declaration Scheme (IDS), announced in the Union Budget to bring black money into the tax net. Experts believe this may...

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