Food, Petroleum, Urea Subsidies: Union government's petroleum subsidy bill has seen the sharpest hike in the first four months of this fiscal, from Rs 12,013 crore last year to Rs 28,385 crore this year.
Launching the second phase of the Pradhanmantri Ujjwala Yojana here on Sunday, from this tribal-dominated district of Gujarat, Petroleum Minister Dharmendra Pradhan...
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.
The government began paying subsidy directly into bank accounts of cooking gas consumers in select districts from November 2014 and in the rest of the country from January 1, 2015.
Oil marketing companies have claimed subsidy on domestic LPG to the tune of Rs 1.1 lakh crore in the last three financial years, government said today.
Prime Minister Narendra Modi today said the Centre's policy of giving LPG subsidy directly in consumers' bank accounts has saved the country Rs 15,000 crore last year.
To a question if the government will accept the Kirit Parikh Committee's recommendations on reducing subsidy burden, Pradhan said the Prime Minister has already urged the affluent class to give up their LPG subsidy.
On the first day of the new year, a slew of new rules, laws and regulations have come into effect that will have a powerful impact on how money is spent or saved.
Those looking for bold LPG reforms, of the sort the NDA did with diesel thanks to the UPA’s policies of chipping away at subsidies every month, have reason to be disappointed with the latest ‘reform’ announced on Monday
Tax payers with annual income of more than Rs 10 lakh will not get subsidised cooking gas (LPG) from next month as the government today decided to limit supply of under-priced fuel to cut subsidies.
The NDA government is mulling to lift the subsidy on LPG cylinder for consumers whose annual income is above Rs 10 lakh, Union Minister M Venkaiah Naidu said here today.
Oil Minister Dharmendra Pradhan today hinted of stopping supply of subsidised cooking gas (LPG) to the well-off as only 42.5 lakh out of nearly 15 crore cooking gas consumers have so far voluntarily give up subsidy.
The best solution to LPG subsidies, there can be no doubt, would be one where the government slowly reduced them as was done in the case of diesel by the UPA – over a period of time, as the fuel finally got deregulated, the
'Based on sales and subsidy levels for 2014-15, savings of Rs 12,700 crore are estimated from DBT in LPG,' said Arvind Subramanian, chief economic adviser to the finance ministry on Thursday at a UNDP conference.
Heeding to Prime Minister Narendra Modi's call, superstar Amitabh Bachchan has given up LPG subsidy and will from now on, buy cooking gas at market price.
Price of non-subsidised LPG, which consumers buy after exhausting their quota of subsidised cooking fuel, was today cut by Rs 23.50 per 14.2-kg bottle, in sync with international rates.