No more LPG subsidy for consumers with annual taxable income of more than Rs 10 lakh

No more LPG subsidy for consumers with annual taxable income of more than Rs 10 lakh

Tax payers with annual income of more than Rs 10 lakh will not get subsidised cooking gas (LPG) from next month as the Modi government has decided to limit supply of under-priced fuel to cut subsidies.

Dec 28, 2015, 18:42 PM IST

LPG cylinder quota hike a misdirected subsidy: Rajan

Terming the increase in quota of subsidised LPG as "misdirected subsidies", RBI Governor Raghuram Rajan on Thursday said the move will end up benefiting people who can afford to pay market rates.

Jan 30, 2014, 21:32 PM IST

Paramilitary kitchens hit by LPG cap; approach MHA

The kitchens which serve eight lakh paramilitary personnel are reeling under the cap on subsidised LPG cylinders and the forces have now turned to the Home Ministry for relief.

Apr 01, 2013, 16:11 PM IST

Govt partially deregulates diesel prices, hikes LPG cap

In baby steps towards deregulation, the government Thursday allowed oil companies to make small hikes in the price of diesel from time to time and sought to soften the blow by raising the cap on subsidised LPG to nine cylinders per household from six.

Jan 17, 2013, 13:10 PM IST

LPG consumers can now fill up KYC forms till Dec 31

In a nationwide exercise to weed out multiple or ghost connections, the government had previously set November 15 as the deadline for customers to submit their duly filed KYC forms with their distributors.

Nov 30, 2012, 21:48 PM IST

Strike in Kashmir to protest LPG cap

Normal life was disrupted in Kashmir on Friday due to a strike called by an amalgam of trading bodies.

Oct 12, 2012, 11:01 AM IST

LPG cap will check black marketing, says BPCL chief

Even as uproar over capping of subsidised cooking gas continues, second largest oil marketer Bharat Petroleum sees virtue in it, saying the move will help curb black marketing to a considerable extent.

Sep 23, 2012, 14:24 PM IST

NCP wants UPA rethink on diesel hike, LPG cap

NCP-led by Sharad Pawar will on Friday hold a meet to discuss the key economic measures introduced by the UPA govt to rein in its fiscal deficit.

Sep 21, 2012, 10:05 AM IST