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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.

3.5 lakh well-off people have given up subsidised LPGs: PM Modi

Around 3.5 lakh well-off people have given up subsidised LPGs, Prime Minister Narendra Modi has said, noting that the money saved on this will be diverted to those who still use wood for cooking.

Vedanta Group asks employees to give up subsidised LPG

The move comes close on heels of Tata Group requesting its employees to voluntarily consider giving up use of subsidised LPG.

Consider giving up use of subsidised LPG: Tata Group to staff

The group said Modi's appeal to citizens, who can buy LPG at market prices to do so and forego the subsidy, is in the national interest.

Setback to non-state marketeers: Domestic LPG cannot be sold

In a setback to non-state LPG marketeers, the government's top law officer has ruled that all domestically produced cooking gas (LPG) should necessarily be sold to PSUs for subsidised sale to consumers.

Subsidised LPG rate hiked by Rs 3 per cylinder

The increase in commission - which as per practice is passed on to consumers - has been effected from October 23.

'No proposal to increase number of subsidised LPG cylinders'

Union Petroleum Minister Veerappa Moily on Saturday said there was no proposal before the government to increase the number of subsidised LPG cylinders from the present nine a year to 12.

No LPG to houses with multiple-connections from Jun 1

Cooking gas or LPG supplies to households having unverified multiple connections will stop from June 1, state-owned oil firms announced Thursday.

Govt yet to take any decision on raising LPG supply cap: Moily

Election Commission had taken a strong exception to Moily's statements ahead of the elections in Gujarat, that the cap would be increased to nine cylinders, and sought his explanation.

Govt considering raising subsidised cylinder cap: Minister

"Government was actively considering to increase the ceiling limit of the cooking gas cylinders to domestic consumers on the demand raised by Opposition parties and several organisations in this regard. The government will take a decision after reviewing the issue," Panabaka said on the sidelines of an event here.

9 LPG cylinders this year if oil cos get extra Rs 3,000 cr

The Oil Ministry will raise the cap on supply of subsidised cooking gas (LPG) to 9 cylinders per household in a year provided the Finance Ministry agrees to give an additional Rs 3,000 crore in 2012-13.

No cap on number of LPG cylinders to affluent

There will be no cap on the number of subsidised liquefied petroleum gas (LPG) cylinders provided to the affluent in the country, the government has said.