Kar Saathi
The Income Tax Department has launched a new website on which an AI assistant called ‘Kar Saathi’ has been introduced. It is designed as a 24×7 available virtual tax assistant.
- This tool is available round the clock and helps in filing returns, understanding updated provisions, and navigating various forms.
- It is presented as a “one-stop solution” for taxpayers—covering everything from understanding tax rules to guiding return filing and resolving queries related to direct tax compliance.
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Coal Gasification Incentive Scheme
It is an initiative of the Government of India under which financial assistance of ₹8,500 crore is provided to projects that convert coal into gaseous fuel (syngas). The objective is to achieve 100 million tonnes of coal gasification by 2030, reduce import dependency, and promote clean energy.
Key Features of the Scheme
- Objective: Instead of directly burning coal, it aims to convert it into synthetic gas (syngas), which can be used in fertilizers, chemicals (methanol), and power generation.
- Incentive Amount: A financial package of ₹8,500 crore covering both private and public sector (PSU) projects.
- Financial Assistance: Selected projects receive support of up to 15% of their capital expenditure (Capex) or ₹1,000 crore (whichever is lower), provided in two installments.
- Target: To achieve 100 million tonnes of coal gasification by 2030.
- Benefits: It will reduce imports of fertilizers and chemicals, lower carbon emissions, and promote energy self-reliance in the country.
The scheme was launched in 2024, and several major projects (such as BHEL Lakhanpur) have already been initiated under it.
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