No LPG Subsidy For Consumers With Taxable Income Of More Than Rs 10 Lakh

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

CHENNAI,Dec 28: Consumers with a taxable income of more than Rs 10 lakh per annum will be stripped of the benefit of subsidy on LPG cylinders, the Centre said on Monday.

This would be applicable from January 2016 onwards and would be initially implemented on a self-declaration basis, according to a statement issued by the ministry of petroleum and natural gas.

 

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