Indian charitable trusts, including Tata Trusts and top corporate donors, are stumped by a new tax law proposed in the Budget, which reduces tax breaks for the donor organisations. The Finance Bill proposes that if a charitable organisation donates to another charity, then only 85 per cent of the donation will be considered as application of income for the donor organisation. Trust officials say this is a major setback for the donor organisations, including corporate foundations and intermediary organisations, which work with various implementing agencies at the grassroots level.
"Heard. Judgement reserved. Learned counsels of the Union of India and Reserve Bank of India are directed to produce the relevant records," the bench, also comprising Justices B R Gavai, A S Bopanna, V Ramasubramanian, and B V Nagarathna, said.
Here is what you need to know about their route to the final
It is recommended to allocate a minimum of 3 to 4 hours for studying over the weekdays and maximise effort during the weekends, suggests Sarmad Mehraj, teacher and VP, product (UPSC) at BYJU'S.
Nagal's court coverage and solid defence in long drawn points was the highlight of his win.
The American platforms at the exercise 'Cope India' that started off Kalaikunda will also include a fleet of F-15 E fighter jets, C-130 and C-17 transport aircraft.
The Constitution bench is hearing a batch of 58 petitions challenging the demonetisation exercise.
A much-changed Sweden side reached the Women's World Cup last 16 with a perfect record
'The Israeli government is saying, "OK, leave northern Gaza, because we're going to fight Hamas there".' 'But Hamas is not stupid. They are going to put militants in southern Gaza too. And then what's Israel going to do?' 'At some point are they going to say, 'Leave southern Gaza too because we want to fight Hamas there? Go across the border to Egypt"'? 'That's what people are worried about. Because they fear that once they cross the border into Egypt there will be no coming back.'
Whatever your income, we show you how to live the rich life.
Brazil exited the World Cup on Wednesday hoping a new generational talent will emerge as Marta's sixth and final Women's World Cup ended with a 0-0 draw against Jamaica
'The government has said it has kept its powder dry to fight the true battle against the debilitating influence of the pandemic.' 'The release of the shocking economic data this week should act as the fuse for using that powder now.' 'Further delays will make the battle that much harder,' notes Shreekant Sambrani.
Muslims need to get out of their Isolation Syndrome, argues Mohammad Sajjad.
Images from Day 3 of the Australian Open in Melbourne on Wednesday
Where the larger-than-life villain hogged the show by hurting the hero or throwing hurdles in his path, the role of his female counterpart has evolved from seductive sidekick to she-devil.
Here's the full text of Prime Minister Narendra Modi's address to a joint session of the United States Congress, delivered on Thursday.
The BJP has nothing to lose after a point. For the DMK it is a difficult choice, as it would not want to give too much of space to a 'national party' lest the 'Dravidian duel' of the past decades should be lost forever, observes N Sathiya Moorthy.
If, as promised, the refunds are done within 24 hours it will obviate one of the biggest reasons that taxpayers distrust the tax department -- delayed refunds especially in cases of large refunds.
'There will always be hiccups given that the Namami Gange programme is spread over different sectors and involves several agencies.'
'The BJP's defining character is Hindutva. The party's political strategy is based on a combination of Hindutva+Development.'
Google will introduce a new way to search "visually" in the coming months, making it easier for users to express their questions in more natural ways. Google, at its Search On livestream event on Wednesday night, shared details of how the tech giant is bringing the latest in artificial intelligence (AI) to its products, giving people new ways to search and explore information in more natural and intuitive ways. Earlier this year at its flagship event Google I/O, the US-based company had announced that it had reached a critical milestone for understanding information with Multitask Unified Model or MUM.
India and the US are working with renewed trust in areas of new and emerging technologies, Prime Minister Narendra Modi said on Friday as he thanked the American leadership for giving him a grand welcome.
'When I talk to my colleagues in the Railways, they say 'aadmi toh bohot hai, lekin matlab ka aadmi ek bhi nahi hai (the Railways has a bloated workforce, but doesn't have employees with have the skillsets that matter)'.'
The government must expedite its plan for asset sale and privatisation, both of which hardly got any mention in the Budget speech, points out A K Bhattacharya.
'The Gita was propounded on a battlefield and regards the use of force to establish Dharma or righteousness, as not only legitimate but one's highest duty,' says Colonel Anil Athale (retd).
The bill was passed in the assembly in December last year but was pending before the council where the ruling Bharatiya Janata Party is one short of a majority.
Talk to your partner for at least ten minutes in the morning and then again when you get back home. In between, keep exchanging texts and brief calls, suggests Ravi Mittal, CEO, Quack Quack, an online dating app.
Blame the voter, who invariably chooses the promise of hand-outs today in preference to a vague promise of, say, better schools tomorrow. Getting the Supreme Court to issue an edict, or Parliament to pass a law, is no solution, observes T N Ninan.
The affidavit was filed in response to a petition seeking a direction to declare the PM CARES Fund a 'State' under the Constitution to ensure transparency in its functioning.
Presiding over the third Atal Bihari Vajpayee memorial lecture that was delivered by former Singaporean diplomat Bilahari Kausikan in New Delhi, Jaishankar also hailed Vajpayee's stint as an external affairs minister, and his role in strengthening India's ties with the United States and Russia.
Demonetisation and Agniveer reveal the two mindsets India has become. In both these government schemes, one sees a desire to play the country like an orchestra anchored by conductor/conductors, argues Shyam G Menon.
Deepa Gahlot picks a list of 10 essential RGV movies though there are 84 to wade through.
Solicitor General Tushar Mehta, appearing for the Centre, told a five-judge Constitution bench headed by Chief Justice D Y Chandrachud, which is hearing a batch of pleas seeking legal validation of same-sex marriage, that the government is positive about the suggestion for exploring administrative steps in this regard.
That's the only way to convince those who have money to return to the bank fold, ditching other asset classes, says Tamal Bandyopadhyay.
When I was very new at my job I recall a colleague who felt it was ok to get too close for comfort or even try to hold my hand if he got a chance. I was too afraid to speak up because he had tenure in the organisation and was a favourite with my boss, remembers Aarti David.
'They are not tom-tomming what a great thing the Supreme Court decision is.' 'If they say it was a great thing, the public will react because people suffered and are still suffering.'
Parliament has approved a gross borrowing for Rs 7.1 lakh crore for the entire 2019-20 fiscal.
With the Rs 1.45 lakh crore tax dole threatening to upset budgeted numbers, Economic Affairs Secretary Atanu Chakraborty sought to allay concerns saying the government is sticking to the glide path of keeping fiscal deficit at 3.3 per cent of the GDP in the current fiscal.
The Indian Space Research Organisation is now looking forward to two key dates -- December 1, when the MOM spacecraft leaves the earth's sphere of influence and September 24 next year, when it's captured by Martian orbit.
In all likelihood, the next conventional Chinese attack on India would be preceded by a massive cyber attack designed to cripple Indian networks and interfere with our disaster-relief programmes.
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