Gas subsidy to be taken from rich
Posted on: 21/Dec/2016 12:12:11 PM
All households are entitled to 12 cylinders of 14.2-kg each at subsidized rates. At this juncture, Prime Minister Narendra Modi has requested the affordable to give up the gas subsidies in order to help the poor people. Accordingly numerous people have given up their subsidies.
Now the government has decided to effectively block subsidized cooking gas to people earning Rs 10 lakh per annum. The Income Tax department will soon begin sharing personal data--like PAN, residential address and mobile number--of a taxpayer earning over Rs 10 lakh per annum with the oil ministry as part of government’s initiative to effectively block subsidized cooking gas to higher income groups.
