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Aurobindo Pharma Donates Rs 52 Cr in Electoral Bonds, BJP Largest Recipient

Aurobindo Pharma donated Rs 52 cr through electoral bonds, with BJP being the largest beneficiary. Insights from Election Commission data revealed....

In A Rare Occurrence, IIT Bombay Gets Rs 160 Crore Donation From Anonymous Donor

In a rare occurrence, IIT Bombay on August 25 received a huge donation of $ 18.6 million (equivalent to Approximately Rs 160 Crore) from an unnamed donor, according to media reports. The prestigious institution divulged that the donation came from an ...

Companies Act Amended To Include PM CARES Donations As CSR Spend

In a notification dated 26 May, the Ministry of Corporate Affairs (MCA) has included PM CARES Fund in Schedule VII of the Companies Act, 2013 along with ‘the Prime Minister's National Relief Fund'. The changes have been made with a retrospective ...

How Are Indian Companies Helping In The Country's Fight Against COVID-19?

As COVID-19 cases mount and strict movement restrictions are placed across the country, Indian companies have been generously donating and devoting their resources to fight the pandemic. Mukesh Ambani-led Reliance Industries Limited (RIL) contributed Rs 500 crore towards PM CARES Fund ...

7 Most Generous Businessmen In Hurun India Philanthropy List 2018

The Hurun Research Institute released its latest report last Saturday called the Hurun India Philanthropy List 2018. The list ranks Indians who have donated above Rs 10 crore between 1 October 2017 and 30 September 2018. The total donations during this ...

Claiming Deduction U/s 80G: Key Change From AY 2018-19 That You Should Know

Basically everyone as per their capabilities wish to contribute for some good cause as in a catastrophic event of a natural disaster or to some NGO etc. And in lieu of such donations made taxpayers are allowed a rebate as they ...

Now You Can Donate Shares To Your Favorite Temple

Yes, it is one of its kind in the whole world, where an individual devotee can donate shares and bonds if the temple is having a Demat account. Demat account works very similar to a bank account where all shares and ...

Now Offer Stocks As Donation To Lord Siddhivinayak

Now devotees can offer stocks to Siddhivinayak temple as donations to Lord Ganesha along with other traditional offerings in cash and gold, reports PTI The Siddhivinayak Temple has tied up with SBICAP Securities to provide devotees with an electronic platform to ...

How much foreign exchange can you send abroad as gift or donation from India?

A person residing in India can send foreign currency either as gift or as donation from India to relatives or organisations abroad. The limit of foreign currency one can send to someone outside India is capped at USD 125,000 in one ...

Salaried class allowed deductions for donations made for rural development or scientific research

In accordance with a new circular released by the Central Board of Direct Taxes (CBDT), in addition to the deductions allowed to salaried class and other individuals and HUF for donations made as per Section 80 G (To know about Section ...

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