The Slack Discussions The Slack group at Capital Mind Premium has been extremely active and if you haven’t been there, pop us a note by replying to this email. (If you’re a trial member this probably sound like Greek to you; it will be available when you sign up!) A brief summary of some of the interesting things discussed there in the last few days: #general: No subsidised LPG for taxpayers earning over Rs 10 lakh a year Taxpayers with annual income more than Rs 10 lakh will not get subsidised cooking gas (LPG) from next month. At present, all households are entitled to get 12 cylinders of 14.2-kg each at a subsidised rate of Rs 419.26, while the market price is Rs 608. The government had asked well-off people to voluntarily give up subsidised LPG, and buy cooking fuel at the market price. So far, over 5.75 million LPG consumers, out of nearly 150 million, have given up subsidies.… (Read On…)
[via Capital Mind]
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