The Bihar Post

Eight million consumers voluntarily surrender subsidy on LPG, says Petroleum Minister


NEW DELHI: Minister of State (Independent Charge) for Petroleum & Natural Gas Dharmendra Pradhan today informed the Rajya Sabha that more than eight million LPG consumers had voluntarily surrendered subsidy on LPG as on March 3, 2016, saying the response from LPG consumers to the ‘GiveItUp’ campaign initiated by the Ministry to voluntarily surrender subsidy was overwhelming.

According to him, more than 5.3 million consumers have voluntarily surrendered subsidy on LPG in the past six months itself.

- Sponsored -

The minister said the Oil Marketing Companies (OMCs) were making efforts to target the higher income group (taxable income of more than Rupees One million) using technology and available information. For the list of consumers already available with OMCs, SMSs have been sent to the consumers to submit self declaration form, he informed.

You May Like this also

He said the consumers were also provided with on-line facility to declare their income and submit their self declaration in the prescribed form to distributors, if the taxable income of self or his/her spouse exceeds Rs One million.

For top 10 metros of the country, where most of the high income tax payers are likely to be residing, a suitable question has been built in the IVRS/SMS platforms for ascertaining the income status of the LPG consumers, he said adding during telephonic calls for refills also, that is being done.

He informed the consumer applying for new connection was also required to make declaration of his/her spouse of taxable income exceeding Rs One million during the previous financial year computed as per Income x Act, 1961.

Image Courtesy: Supplied

Get real time updates directly on you device, subscribe now.

Comments are closed.

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More