Skip to main content

PAHAL Scheme

 

PAHAL (DBTL) Scheme for LPG Subsidy

Pratyaksh Hanstantrit Labh (PAHAL) scheme also called as Direct Benefit Transfer for LPG (DBTL) was launched to provide liquified petroleum gas (LPG) cylinder of Bharat, Indane, HP at subsidised rate to the Indian consumer. This will mark an end to duplicate or misuse of LPG connections which are very common in India. Customers who get enrolled in PAHAL scheme are referred to as Cash Transfer Compliant (CTC). Last date to join the scheme is 31stMarch 2015

Benefits to the consumer

  • Once the customer is enrolled in PAHAL and books cylinder for the first time, he/she will get cash subsidy (Rs. 568) as an permanent advance directly into
    their bank account which can be used to pay for the first cylinder.
  • This advance then can be used to buy 12 LPG cylinders weighing 14.2 Kgs OR 34 5 Kgs cylinders. Subsidy amount = Current subsidised rate – market price. This difference amount is credited to the customer's bank account.
  • New LPG's would be available in the market in a much simpler way as compared to previous process as back logs would be reduced.

How to get LPG cylinder at subsidised rate?

  • Those to want to get enrolled into PAHAL scheme to get gas cylinder at subsidised rate should have either Aadhar number or an active bank account.
    Hurry, those who do not have bank account, can open zero balance account under Pradhanmantri Jan Dhan Yojana (PMJDY) which offers many benefits.
  • Aadhar card holder should get Aadhar number linked to the bank account in order to avail the subsidy amount.
  • Individuals meeting above mandatory requirement, then needs to link Aadhar number or bank account number to the 17 digit LPG connection ID.
  • For linking, individual should approach his/her area's LPG distributor who will then save these details in their computer system.

PAHAL Scheme Joining Form

It's a one page form and looks like below (due to space constraints, I've split it into 2 images):

Pahal Scheme Joining Form

Pahal Scheme Joining Form – (I)

There are 3 sections to be filled as mentioned below depending on which option you've checked from 1-3.
Part-A: Put your 17 digit LPG consumer number/ID and exact name as mentioned in LPG connection. You can get this number from blue book or cash receipt of the gas cylinder.

DTDL Scheme Joining Form

Pahal Scheme Joining Form (II)

Part-B: Mention your 12 digit Aadhar card number

 
 
 
 
Part-C: Mention your bank account details. Details of LPG connection holder's and bank account should match. Otherwise your application will get rejected. Details required are:
 
 
  • Bank account number and branch name
  • Account holder name (this 
 
 

Sign on the declaration by entering date and place. Finally you'll get an acknowledgement slip.

Other documents required: Photo copy of Aadhar card, LPG bill or blue copy with your 17 digit LPG consumer number and one cross check in the name of LPG distributor.

How to track status of your enrolment?

LPG consumers who have provided their mobile numbers with their distributors when they join PAHAL scheme will receive SMS about the status. So make sure to provide mobile number while filing joining form.

How to opt out of DBTL scheme

It is very easy procedure. In order to do this, you need to fill subsidy surrender form and give it to LPG distributor.

 
 
 
Invest Rs 1,50,000 and Save Tax under Section 80C. Get Great Returns by Investing in Best Performing ELSS Mutual Funds

Top 10 Tax Saving Mutual Funds to invest in India for 2016 or Best 10 ELSS Mutual Funds in india for 2016

1. BNP Paribas Long Term Equity Fund

2. Axis Tax Saver Fund

3. Franklin India TaxShield

4. ICICI Prudential Long Term Equity Fund

5. IDFC Tax Advantage (ELSS) Fund

6. Birla Sun Life Tax Relief 96

7. DSP BlackRock Tax Saver Fund

8. Reliance Tax Saver (ELSS) Fund

9. Religare Tax Plan

10. Birla Sun Life Tax Plan

Invest in Best Performing 2016 Tax Saver Mutual Funds Online

Invest Online

Download Application Forms

For further information contact Prajna Capital on 94 8300 8300 by leaving a missed call

---------------------------------------------

Leave your comment with mail ID and we will answer them

OR

You can write to us at

PrajnaCapital [at] Gmail [dot] Com

OR

Leave a missed Call on 94 8300 8300

Popular posts from this blog

Franklin India High Growth Companies Fund

Franklin India High Growth Companies Fund Online One of the key developments that the Street is keenly waiting for is a cut in interest rates by Reserve Bank of India . With demand rising gradually, a rate cut is expected to boost earnings growth for companies. In such a situation, schemes which invest in high growth companies are best suited, especially when seen from a long-term perspective. One such scheme is Franklin India High Growth Companies Fund. Fund managers Anand Radhakrishnan, Roshi Jain and Srikesh Nair strictly follow valuation parameters when it comes to choosing stocks.Valuation parameters, such as enterprise value, price-to-earnings growth ratio, forward price-to-sales ratio and discounted earnings per share, play a critical role in selecting companies for investments. Taking into account these parameters, the fund managers invest in companies which are poised for high growth in their respective sectors. This approach has been in favour of the scheme and it has perform...

L&T Growth

Invest in Mutual Funds Online Download Mutual Fund Application Forms   L&T Growth Fund (LTGF) is open-ended diversified equity fund that invests predominantly in large caps. LTGF follows the growth style of investing and has been in existence for over 10 years now.   Type of scheme Open-ended Category Diversified equity Sub-category Large Cap Style Growth Launch date September 17, 2001 Risk-Return proposition High risk-Average return   Investment Objective and Proposition The fund's primary investment objective is "generate long term capital appreciation income through investments in equity and equity related instruments; the secondary objective is to generate some current income and distribute dividend. However, there is no assurance that the investment objective of the scheme will be achieved." Following large cap ...

Common errors that couples make while investing

Most couples plan their strategies together but make mistakes while investing. Here’s how they can avoid the common errors Make no mistake. Ignorance is no longer bliss. In fact, many couples goof-up while investing together because they are not financially transparent to each other and don’t share a common goal. KEEPING SECRETS You may find questions from your spouse as an intrusion into your privacy, but financial planners believe that sharing financial details with each other is the first step that a couple takes towards their family financial goals. If you plan to invest together, then it’s important that you should be transparent to each other on the financial front. The whole idea is that you should be able to determine how much you will set aside for investments after making all the deductions for personal and household expenses. IMBALANCED APPROACH As a couple, you may have huge assets and hold stocks, but it’s important that you should direct a part of the investments for emer...

Mutual Fund Exit Load Changes

Download Tax Saving Mutual Fund Application Forms Invest In Tax Saving Mutual Funds Online Buy Gold Mutual Funds Leave a missed Call on 94 8300 8300 Mutual Fund Exit Load Changes AMCs don't communicate about any change in exit load directly with investors, but do update on their website   The exit load applicable to your investments is the load which existed at the time when you invested in the particular fund. Any subsequent changes in the exit load will not be applicable to your investments.   However, Asset Management Companies ( AMCs ) periodically publish addendums in the newspapers, which state any change in exit loads of specific schemes managed by them. Such changes are also posted on their websites. However, a direct communication to an investor is not made, considering the costs involved in doing so. In their own interests, investors should not only track the performance of the funds they i...

Debt Mutual Fund Dividends are Taxable

DDT is deducted when a non-equity fund declares dividends. Equity and balanced fund dividends are tax-free The AMC is correct to deduct the dividend distribution tax (DDT) as it is mandated by tax laws. DDT in mutual funds is deducted every time a non-equity fund declares dividends. Equity fund and balanced fund dividends are tax-free . It is possible that you have invested in a non-equity fund for the first time or have received the dividend under a non-equity fund for the first time. That is why this is the first occasion when you have come across DDT.   The rate at which non-equity schemes deduct DDT has also gone up after the July 2014 budget. This is due to a change in calculation methodology. Earlier, if the fund has to declare a dividend of R 100, it used to make a provision for R 128.3, paying R 28.3 to the taxman and distributing the balance to the investor. This allowed the investor to bear less tax since the effective tax rate was 22.07 per ce...
Related Posts Plugin for WordPress, Blogger...
Invest in Tax Saving Mutual Funds Download Any Applications
Transact Mutual Funds Online Invest Online
Buy Gold Mutual Funds Invest Now