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CAG audit nails Centre’s claim on LPG Subsidy saving -Josy Joseph and TCA Sharad Raghavan

-The Hindu The audit has also found substantial systemic problems with the Direct Benefit Transfer in LPG scheme, called Pahal by the government. The Centre claims it would end up saving almost Rs. 22,000 crore in the financial years of 2014-15 and 2015-16 since launching its two-pronged approach on cooking gas subsidy — introducing direct bank transfers of the subsidy and asking better off consumers to voluntarily give up theirs. However, a CAG...

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Govt strikes out 1.6 cr bogus ration cards, to save Rs. 10,000 cr

-PTI New Delhi: The Government has eliminated 1.6 crore duplicate and bogus ration cards that will help save about Rs 10,000 crore in subsidy bill annually, said Finance Secretary Ashok Lavasa. In addition, the Government has saved Rs 14,872 crore by offering subsidy on cooking gas (LPG) directly to consumers and direct benefit transfer is planned to be extended to 150 schemes by the end of this year, he told PTI here. DBT...

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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...

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Domestic gas users in major cities need income proof for subsidy claim -TCA Sharad Raghavan

-The Hindu Consumers in Tier-I and II cities will have to submit affidavits to their LPG distributors stating that their annual income is below Rs.10 lakh to continue to receive cooking gas subsidy, according to Oil Minister Dharmendra Pradhan.“In the Tier-I and Tier-II cities, when somebody comes to refill gas, they are asked to sign an affidavit regarding their income,” the Minister said. “It is a matter of trust. We have to...

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Rich account for just 3% of the 1 crore people who gave up LPG Subsidy: Dharmendra Pradhan -Subhash Mishra

-The Times of India LUCKNOW: Union minister of state (independent charge) for petroleum Dharmendra Pradhan on Saturday said the affluent accounted for only 3% of the over 1 crore people who had given up their LPG Subsidy in response to Prime Minister Narendra Modi's appeal. "The rest is constituted by the middle-class and lower income groups. Teachers, professionals and middle-level government employees have shown more interest as compared to HNIs (high-net...

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