Government Of India
(Dated: 28-December, 2015 16:06 IST )
Benefit of LPG subsidy will not be available if the consumer or his/her spouse had taxable income of more than Rs Ten lakh in previous financial year
At present, there are 16.35 crore LPG consumers in the country. With the implementation of the PAHAL Scheme (DBTL), the subsidy is being transferred directly to the Bank Account of 14.78 crore LPG Consumers. The objective of the scheme was to ensure that the subsidy benefits go to the targeted group. The Government had also given a call to the well-to-do households for voluntarily giving up LPG subsidy. So far, 57.50 lakh LPG consumers have opted out of LPG subsidy voluntarily heeding the call given by the Prime Minister. The subsidy saved from the ‘GiveitUp’ campaign is being utilized for providing new connections to the BPL families under the ‘Giveback’ campaign. This enables provision of LPG, a clean fuel, to poor households by replacing the conventional fuels such as kerosene, coal, fuel wood, cow dung, etc. relieving the poor of the hardships and health hazards from such fuels.
Hello Sir ,
Can you please clarify that LPG subsidy will be denied if total income is above 10 lakhs ..? In summary is the total taxable income being considered or the total income ..? Am i correct to interpret that when dealing with LPG subsidy is Total income same as Total taxable income..?
Regards,
Akash
Hello sir, my father’s income regular annual income is Rs.9,60,000. However, as he got accrued bonus of Rs.5,40,000,his total income has been Rs. 15,00,000 for the year April 2015- March 2016. As per the instructions from Govt side, we are not entitled for LPG cylinder subsidy. But only this year our income has exceeded 100000, it is not regular. What are we supposed to do next?? Please guide. Thank you.
Subsidy was being given out of Taxes paid by taxpayers.If subsidy is removed then at the same time Income tax should be reduced.Individuals earning more than 10 Lacs are already paying 31% income tax.In other words, Subsidy is taken away from individuals who are already paying higher taxes. Government must show courage to reduce it to 25%.
yep.. i also agree with jay…
YEP I ALSO AGREE WITH JAY…
In the current days, not sure about the continuous employment. If a person doesn’t have job for 6 months or so, or decided to pursue education for 2 years after drawing salary of Rs.15 Lakhs during employment or any other reason, stopped earning. How this will be handled in granting LPG subsidy.
जिनकी कर योग्य आय ₹ दस लाख से ज्यादा है, उनका आरक्षण बंद क्यों नहीं ? यह राष्ट्र हित का स्वांग बंद करो खाकी चड्डी वालों !
श्री नरेंद्र भाई मोदीजी को गैस सब्सिडी को 5 लाख की आमदनी वालो की भी सब्सिडी बंद कर देनी चाहिए जो की साल भर मै 3000 तक होती हैं
What if in one year the income is Rs ten lakhs and in the nex tyear it is less. Is it calendar year or financial year?
I agree with JAY
I fully agree with what Jay says.Let this be made applicable to Netas also and high net worth individuals.And to those owning huge properties and costly cars.
In my view, the limit should have been gross income & not total or taxable income. Further the limit should be brought down to 5 Lakhs. Further the subsidy should be removed based on the assets like urban land holding of the citizen.
on the same lines also remove all allowances / subsidies to MPs & MLAs – free electricity, free petrol, free air travel for the entire family, rent free accomodation, free phone – mobiles & landlines, free computer, laptops, all forms of allowances like stationery allowance, very highly subsidised parliamentary canteen food – all coupled with sky high salaries & perks. all these for no job description, no performance review, not even attendance days. we accept the subsidy removal for income more than 10 lacs. likewise let all netas also surrender their subsidies that they enjoy out of taxpayers money. let all indians be treated equally.