DBTL Abbreviation

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Popular abbreviations of DBTL:

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What does DBTL mean?

DBTL is an abbreviation of Direct Benefit Transfer for LPG consumers, a government-funded plan that strived to enhance the subsidy board of LPG all over the country. According to this government scheme, an LPG user must receive a cylinder at the total market price.

The Banking sector implements the direct benefit transfer or DBT service in approximately 121 regions, and different banks implement DBTL in 295 regions.

According to the DBTL scheme, the buyer of LPG gets the cooking gas at the full price in the market. There is some special full price available in the market and subsidized price proposed by the government. Then the subsidy will be transmitted to a buyer’s bank account.

When was the DBTL scheme launched?

On 1 June 2013, the DBTL scheme was launched by the government. To get the benefit of this scheme users must have the Aadhar card number for LPG subsidy.

After examining the plan and considering the challenges encountered by the many people, the current government transformed this plan and re-started it on 15 November 2014.

What is the major goal of the DBTL Scheme?

The goals of the DBTL scheme are as follows:

• Eliminating purposes for diversion.
• Preserve and assure the amount of subsidy to the LPG consumer.
• Developing the accessibility or distribution of LPG for certain consumers.
• Rejecting the false contacts.
• Granting self-preference in getting a subsidy.

What is the procedure to apply for the DBTL scheme?

The LPG consumers and their families are eligible to get the subsidy whose taxable income is above ten lakhs in previous years according to the Income-tax policy Act of 1961.

From 2016, the government circulated a notification that LPG consumers whose family income in the last year is more than ten lakh are not eligible to benefit from the DBTL policy.

However, the person must have their Adhar Card number that should be linked in the LPG connection.