News for 'donation accounting'

BJP collected Rs 2,642.63 cr from unknown sources in 2019-20

BJP collected Rs 2,642.63 cr from unknown sources in 2019-20

Rediff.com31 Aug 2021

The Congress declared Rs 526 crore as income from unknown sources which is 15.57 per cent of the total income of the national parties from unknown sources, the ADR said.

Top 500 ranking, no online class: Rules for foreign universities in India

Top 500 ranking, no online class: Rules for foreign universities in India

Rediff.com8 Nov 2023

The guidelines have been prepared in line with the National Education Policy (NEP) 2020 that has envisioned that top universities in the world will be facilitated to operate in India.

Mary Kom, Manu pledge support to fight COVID-19

Mary Kom, Manu pledge support to fight COVID-19

Rediff.com30 Mar 2020

Six-time world champion boxer M C Mary Kom, on Monday, said she will donate her one month's salary as Rajya Sabha MP, amounting to Rs 1 lakh, to the Prime Minister's Relief Fund to combat the COVID-19 pandemic in the country.

CBI names Omidyar among 10 NGOs in FCRA scam case

CBI names Omidyar among 10 NGOs in FCRA scam case

Rediff.com12 May 2022

The Central Bureau of Investigation has named 10 non-government organisations, including the US-based Omidyar, as accused in the case of allegedly conspiring to illegally facilitate the registration and renewal of Foreign Contribution (Regulation) Act licences.

Manipur violence: 'Don't know what our fault was'

Manipur violence: 'Don't know what our fault was'

Rediff.com6 May 2023

Around 800 people, including children and the elderly, are living in pitiable conditions in relief shelters near Thangjing temple and Moirang Lamkhai which are being run by three organisations.

India's Top Social Media Influencers

India's Top Social Media Influencers

Rediff.com3 Jan 2024

In a nation of 1.4 billion people, where a potential new creator is born every second, we pick 25 influencers who have ruled social media this year.

ED attaches Rs 68L deposits of PFI, front body for money laundering

ED attaches Rs 68L deposits of PFI, front body for money laundering

Rediff.com1 Jun 2022

A provisional order under the Prevention of Money Laundering Act has been issued by the federal probe agency as part of which a total of 33 bank accounts of the two organisations have been attached.

Read This Before Filing Your Tax Return

Read This Before Filing Your Tax Return

Rediff.com20 Jul 2023

It is important to have the necessary documents on hand to verify the information in the form.

Congress promises nationwide caste census, women's quota asap if voted to power

Congress promises nationwide caste census, women's quota asap if voted to power

Rediff.com9 Oct 2023

The Congress on Monday promised that a government led by it will conduct a nationwide caste census and implement 33 per cent reservation for women in the Lok Sabha and state legislative assemblies at the earliest, including adequate representation for women belonging to the OBC community.

SC to hear on April 11 if Constitution bench should hear PIL on electoral bonds

SC to hear on April 11 if Constitution bench should hear PIL on electoral bonds

Rediff.com21 Mar 2023

The Supreme Court on Tuesday said it will consider whether the pleas challenging the validity of the electoral bond scheme for political funding of parties can be referred to a Constitution bench for an "authoritative pronouncement".

No polls as of now, says SC, puts off electoral bond pleas to January

No polls as of now, says SC, puts off electoral bond pleas to January

Rediff.com15 Dec 2022

A bench of Justices B R Gavai and Vikram Nath said the matter requires to be heard.

Medha Patkar booked over alleged 'misuse of funds'

Medha Patkar booked over alleged 'misuse of funds'

Rediff.com12 Jul 2022

As per the complaint, cash worth more than Rs 1.5 crore, whose audit for withdrawal and expenditure remained unclear, has been recovered during the probe.

No factor to show PM CARES Fund is private: HC told

No factor to show PM CARES Fund is private: HC told

Rediff.com7 Oct 2021

Opposing the Centre's stand that the PM CARES Fund was not a government fund, a lawyer told the Delhi High Court Wednesday that there was no factor to show that the fund was private in nature.

'They barged into my mother's prayer room'

'They barged into my mother's prayer room'

Rediff.com16 Jun 2023

'Their conduct is as if they have come to arrest some dacoit.' 'They behave with everyone in this manner, whether it's Manish Sisodia, Anil Deshmukh or anybody else.' 'It is as if they are ambassadors of god and we are satans.' 'This is solely due to the sections in some laws like the Prevention of Money Laundering Act, 2002.' 'This is a cruel law. In fact, the death penalty is better.'

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

No TCS on overseas spending of up to Rs 7 lakh via debit, credit cards: FinMin

Rediff.com19 May 2023

The government on Friday announced that no tax will be charged on overseas spending of up to Rs 7 lakh in a year using debit or credit as it looked to douse backlash from its earlier decision of levying TCS on all spending. The government had earlier this week brought overseas credit card spending under Liberalised Remittance Scheme (LRS). This meant that any spending using credit cards overseas would attract a 20 per cent tax from July 1.

ED attaches scribe Rana Ayyub's funds in money laundering case

ED attaches scribe Rana Ayyub's funds in money laundering case

Rediff.com11 Feb 2022

Ayyub is the account holder and deposits totalling Rs 1,77,27,704 have been attached by the ED.

2020 US Presidential election to be most expensive in history

2020 US Presidential election to be most expensive in history

Rediff.com29 Oct 2020

The Center for Responsive Politics said that an 'extraordinary influx' of political donations in the final months -- driven by a Supreme Court battle and closely watched races for the White House and Senate -- pushed total spending in the election past the previously estimated 11 billion dollars figure.

Mother-son Risk Lives to Feed Needy

Mother-son Risk Lives to Feed Needy

Rediff.com26 May 2021

In the past year, Harsh and Heena Mandavia risked their lives and provided 23,000 meals to the poor and needy during the lockdown. What made them do it?

SC to hear pleas against electoral bond scheme on December 6

SC to hear pleas against electoral bond scheme on December 6

Rediff.com22 Nov 2022

The Supreme Court on Tuesday said it will hear on December 6 the plea of a Congress leader challenging a recent notification by which the sale of electoral bonds has been extended by 15 more days in the year of general elections to legislative assemblies of states and Union territories (UTs) with a legislature.

Sonu Sood reacts to tax raids: 'Every rupee waiting to be used'

Sonu Sood reacts to tax raids: 'Every rupee waiting to be used'

Rediff.com20 Sep 2021

The Dabangg star, who has been providing assistance to those in need amid the ongoing pandemic through his charitable trust, on Monday posted a statement on his social media handles.

'Baba Ka Dhaba' owner accuses YouTuber of misappropriation of funds

'Baba Ka Dhaba' owner accuses YouTuber of misappropriation of funds

Rediff.com2 Nov 2020

Prasad, 80, had shot to fame after a video of him tearfully recounting the desperation of the months since the lockdown was shared widely across social media platforms recently.

Coronavirus: Neymar, Alisson among others aid poor

Coronavirus: Neymar, Alisson among others aid poor

Rediff.com23 Apr 2020

The Brazilian football federation, (CBF) along with the country's footballers have raised $463,787 and the money will go to three organisations working in Brazil's densely-populated favelas.

Premier League approves proposed takeover of Chelsea

Premier League approves proposed takeover of Chelsea

Rediff.com25 May 2022

The Boehly-Clearlake consortium, which agreed terms to acquire Chelsea for 4.25 billion pounds ($5.33 billion) earlier this month, will take over ownership of Chelsea FC

Electoral bonds absolutely transparent: Govt tells SC

Electoral bonds absolutely transparent: Govt tells SC

Rediff.com14 Oct 2022

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.

AAP took hawala entries of Rs 2cr, didn't declare all donors: I-T dept

AAP took hawala entries of Rs 2cr, didn't declare all donors: I-T dept

Rediff.com27 Nov 2017

The taxman, said the party 'incorrectly disclosed the hawala money as voluntary donations'

Anil Deshmukh case: Tax raids uncover alleged hidden income of Rs 17 crore

Anil Deshmukh case: Tax raids uncover alleged hidden income of Rs 17 crore

Rediff.com20 Sep 2021

The Income Tax Department has detected "concealment of income" to the tune of Rs 17 crore after recent raids on institutions linked to former Maharashtra home minister Anil Deshmukh and his family members, official sources claimed on Monday.

These services are exempt from GST

These services are exempt from GST

Rediff.com18 Jun 2021

Supplying food to schools under mid-day meal scheme, pre-schools and anganwadis is exempt from GST, the Central Board of Indirect Taxes and Customs (CBIC) has said. Issuing a set of clarification on certain decisions taken by the GST Council in its 43rd meeting on May 28, the CBIC said it had received representations regarding applicability of GST on the issues as to whether serving of food in schools under mid-day meals scheme would be exempt if such supplies are funded by government grants and/or corporate donations. Under the goods and services tax (GST), any catering service, including mid-day meals, provided to an educational institution is exempt from the levy.

Sonu Sood evaded tax of Rs 20 crore, violated FCRA: I-T Dept

Sonu Sood evaded tax of Rs 20 crore, violated FCRA: I-T Dept

Rediff.com18 Sep 2021

The department had launched searches against the 48-year-old actor and the Lucknow-based group of industries involved in infrastructure on September 15 and the CBDT said the action was continuing.

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

HC pulls up Centre over 1-page reply to plea on PM CARES Fund

Rediff.com12 Jul 2022

Observing that the issue concerning the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is 'not so simple' the high court asked the Centre to file a 'detailed and exhaustive' response in the matter.

Electoral bonds: 20th phase of sale to begin from April 1

Electoral bonds: 20th phase of sale to begin from April 1

Rediff.com30 Mar 2022

Electoral bonds have been pitched as an alternative to cash donations made to political parties as part of efforts to bring transparency in political funding.

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

HC to hear on Dec 10 pleas seeking transparency in PM CARES Fund functioning

Rediff.com26 Nov 2021

The Delhi high court on Friday advanced to December 10 the hearing on pleas to declare the Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund a 'State' under the Constitution and a 'public authority' under the Right to Information Act to ensure transparency in its functioning.

Nat'l parties got Rs 15K cr from unknown sources during 2004-21 period: Report

Nat'l parties got Rs 15K cr from unknown sources during 2004-21 period: Report

Rediff.com26 Aug 2022

The total income of national and regional parties from unknown sources for 2020-21 stands at Rs 690.67 crore.

Journalist rebuts ED, says did not use public funds for self

Journalist rebuts ED, says did not use public funds for self

Rediff.com11 Feb 2022

Journalist Rana Ayyub rejected allegations on Friday that she "misused" donor funds raised in the wake of the Covid-19 pandemic, saying money-laundering charges levelled against her are "preposterous and wholly mala fide".

What Every Indian Must Know About PM-CARES

What Every Indian Must Know About PM-CARES

Rediff.com5 Oct 2021

Rediff.com's Syed Firdaus Ashraf traces the journey of PM-CARES from its founding to finally admitting it is not a government fund.

Congress attacks BJP on electoral bonds with Iqbal Mirchi link

Congress attacks BJP on electoral bonds with Iqbal Mirchi link

Rediff.com22 Nov 2019

The report said the company, which was involved in transactions with and buying properties from the late Iqbal Memon alias Iqbal Mirchi, gave Rs 10 crore to the BJP in 2014-15. Mirchi was a close aide of Dawood Ibrahim.

Modi's demonetisation could end up as 'joke': Chinese media

Modi's demonetisation could end up as 'joke': Chinese media

Rediff.com17 Nov 2016

"While it takes political courage to launch such a trailblazing and massive campaign; it actually takes far more wisdom to give it a happy ending," an article in the state-run Global Times said.

Private philanthropy outstripped corporate largesse by 42% in FY20

Private philanthropy outstripped corporate largesse by 42% in FY20

Rediff.com17 Mar 2021

Individuals flew the flag for philanthropy in FY20, escalating their contribution significantly in comparison with company and foreign fund donations, according to the Dasra/Bain & Co India Philanthropy Report of 2021. Funding by individual philanthropists went up by 42 per cent from Rs 21,000 crore in FY19 to Rs 30,000 crore in FY20.

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Rediff.com19 Jan 2023

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act. Also among them are issuance of long-term bonds, tax incentives for home insurance premiums, and a separate section to claim deduction for term-insurance premium, among others. These suggestions would help improve the penetration of insurance in the country.

Bihar doctors die of COVID, govt looks away

Bihar doctors die of COVID, govt looks away

Rediff.com19 May 2021

116 doctors treating COVID patients in Bihar have succumbed to the disease. The family of only one doctor has received compensation.

BJP, Congress trade barbs over electoral bonds

BJP, Congress trade barbs over electoral bonds

Rediff.com21 Nov 2019

The issue of electoral bonds has snowballed into a political flashpoint after following reports that said the Reserve Bank of India and Election Commission had reservations against them but they were overrule by the Modi government.