Tax Benefits For Those Who Gift LPG Connection This Diwali

Tax Benefits For Those Who Gift LPG Connection This Diwali

With Diwali just round the corner, the Narendra Modi government has plans to make poor women happy by gifting clean cooking fuel. As per details by Union Oil Minister Dharmendra Pradhan, the new scheme called ‘Ujjwala Plus’ will allow individuals to donate cooking gas connections to poor households. Pradhan was quoted by TOI saying that individuals who engage themselves in the good act can benefit the tax benefits under Section 80 G.

Individuals who wish to donate will be able to do by paying the cost of the number of Ujjwala LPG (cooking gas supplied in cylinders) connections they want to sponsor to a non-profit company floated by the oil ministry. As per reports, each gas connection costs Rs 1,600 towards the administrative cost, pressure regulator booklet and safety hose. Reports further stated that the government’s Ujjwala Plus that is scheduled for release before Diwali will be preceded by a ‘LPG Panchayat’ scheme by the government.

Pradhan informed that there are about 22.5 crore LPG consumers in the country and that the government has plans to raise this coverage. “For this we need to create mass awareness about safety, affordability and health benefits of using LPG as a cooking fuel. LPG Panchayat will rope in women working at local self-government bodies or in mass-based schemes such as Anganwadi and Choupals to do this,” Pradhan said. Read More…

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