News Update

11700 liquor bottles heading for Bihar seized in UPBengaluru to host G20 Energy Transition Working Group MeetingWHO says Covid is still a global emergency + Red Cross says World is horribly not prepared for next pandemicMinisters inaugurate G-20 International Financial Architecture Working Group meetingPak Rupee nosedives to Rs 270 vs US DollarONGC's Sagar Samrat re-dedicated to nation as Mobile Offshore Production Unit17 perish in suicide bomb blast at Pak mosque; Over 82 injuredYadav meets German delegation on exploring pathways to sustainable developmentAdani-gate: LIC to grill Adani’s top managementSame-sex marriage: Delhi HC transfers bunch of cases to SCI-T - Re-opening of assessment u/s 148 is invalidated where assessee is not granted opportunity of personal hearing: HCDelhi going to be soaked for another 12 hours, says Weather DepartmentI-T- Merely because interest of housing loan is claimed by son of the assessee in his computation, it is not enough to make him the owner of the property: ITATNitish Kumar says he would prefer to die rather than tie up with BJPTax fraud: Ethics Committee probe pins down Chairman of Conservative Party; Sunak boots him outI-T- Employees' contribution deposited after respective due date cannot be allowed as deduction is applicable in case of an assessment farmed u/s 143(3) as well for intimation framed u/s 143(1) of Act: ITATEU mulling to brand Iran’s Revolutionary Guards as terroristsI-T- PCIT rightly passed order u/s 263 as failure of AO to examine bank statement in correct perspective had led to under assessment of income :ITATUS anti-trust case may compel Google to hive off Ad business as new companyI-T- Where taxes are shown to have been paid by the payee, no disallowance u/s 40(a)(ia) of the Act was called for in the hands of the payer for default in taxes deduction at source: ITATIsraeli drones target Iranian defence goods complexVAT - refund payable to assessee cannot be held up when time limit for assessment & re-assessment has lapsed & any such proceeding is not pending : HCBoris Johnson says Putin scared him with missile attack threatCus - In view of town seizure, Customs Department failed to lead evidence in support of allegation as to smuggled nature of goods, Revenue is directed to release the goods: CESTATRio Tinto drops radioactive capture in Australian desert; Massive search launchedKisan Vikas Patra Scheme amended - Deposits made from Jan 1, 2023 to double in 10 yrsMega Science Projects: The Economic & Diplomatic gains for India!Packaged Commodities Rules amended - Date of Feb 1 substituted by April 1, 2023Indirect Tax: Expectations from Union Budget 2023
 
Rooftop Solar Programme extended till March 31

By TIOL News Service

NEW DELHI, DEC 09, 2022: THE Rooftop Solar Programme has been extended till 31.03.2026 and therefore, subsidy under the programme will be available until the target under the Programme is achieved. All residential consumers are hereby advised not to pay any additional charges to any vendor on account of fee for application on the National Portal or any additional charges for net-metering/testing which are not prescribed by the respective distribution company. In case such charges are demanded by any vendor/agency/person, the same may be intimated to the respective distribution company and to this Ministry at email rts-mnre[at]gov[dot]in . For information pertaining to National Portal please visit www.solarrooftop.gov.in

On the National Portal, any consumer willing to install rooftop solar from any part of the country can apply and track complete process starting from registration to release of subsidy directly into his bank account. The subsidy under National Portal has been fixed at Rs. 14,588/- per kW (for capacity upto 3 kW) for the entire country and residential consumers have to install rooftop solar plant from any one of the vendors registered by the respective distribution company of their locality. The list of registered vendors is also available on the National Portal. To safeguard the interest of consumers, format of agreement to be signed between the vendor and the consumers has been given on National Portal. The terms of agreement can be mutually agreed. The vendor has to provide maintenance services to the consumer for at least 5 years and in case of any default the respective distribution company can encash the performance bank guarantee of the vendor. There is no fee for application on the National Portal and also the charges for net-metering have been prescribed by the respective distribution companies. Further, no charges to be paid to any vendor or distribution company for receiving subsidy and subsidy will be credited directly into the bank account of the beneficiary by the Ministry.

Ministry is implementing Rooftop Solar Programme Phase-II wherein CFA/subsidy is being provided to residential consumers for installation of rooftop solar. To ease out the implementation of the Programme, a National Portal was developed which was launched by Hon'ble Prime Minister on 30.07.2022.


POST YOUR COMMENTS
   

TIOL Tube Latest

Mr. S Swaminathan, CEO and Founder, IRIS GST sharing his thoughts at the TIOL Awards 2022 event in November 2022





Ms. Shaifali Arora, Head, Indirect Tax, Vedanta Ltd sharing her thoughts at the TIOL Awards 2022 event.




Ms. Dolly Roy, CFO, Aditya Birla Fashion & Retail Ltd . sharing her thoughts at the the TIOL Awards 2022 event.