Tag Archives: middle class

Surge Price to be Allowed by Taxi Aggregators like Uber, Ola

The committee constituted by the Ministry of Road Transport and Highways to review issues relating to taxi permits and propose taxi policy guidelines has recommended that  city taxies should  be allowed to run on App Based platforms and be allowed surge prices depending on demand during the peak hours. The policy recommendations say bigger aggregators do not undercut the traditional ...

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No Gas Subsidy: Oil Firms Send Bulk SMS Notices to All Customers

As per the new policy to remove the dwindling gas subsidy to those above the income level of Rs.10 lakhs per annum, the oil companies in India have taken a shot at all customers sending an SMS to the effect. The message reads: "Since your income is above 10 lacs, LPG Subsidy is not admissible as per govt directive. Pl ...

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Modi Govt to Raise Income Tax Exemptions in Budget Presentation

Prime Minister Narendra Modi, who vouched for no-tax regime during his electioneering but relented later, is now pondering soaps amounting to tax exemption of up to Rs.5 lakhs for all citizens. Only senior citizens are allowed such exemption under the current tax regime. Now that the new government has come to power, first move by the Narendra Modi government would ...

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