Searched for
DONATIONS TO CHARITABLE INSTITUTIONS
Claiming Section 80G tax deduction? You must report these additional details when filing your ITR for AY 2026-2027ITR Filing 2026: Income Tax Return forms now require additional details for Section 80G deductions. Taxpayers must report transaction refer...- What America (still) teaches usDespite perceptions of narcissism, the US has been a significant global positive force, particularly in economics and technology. Its prosp...
- Charitable trusts get relief on 80G registrationCharitable trusts and institutions that missed the 80G registration renewal deadline have received a one-time reprieve from the CBDT. The t...
- Tax department steps up scrutiny of charitable trusts over disclosure mismatchesThe Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...
- ICAI to help Tirupati temple enhance accounting systemIndia's wealthiest religious trust, Tirumala Tirupati Devasthanams, is partnering with the Institute of Chartered Accountants of India (ICA...
- Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
- Ekadashi Rituals: Powerful Practices for Spiritual Growth, Prosperity, and Divine BlessingsEkadashi, a sacred Hindu day dedicated to Lord Vishnu, involves fasting, prayer, and spiritual practices to remove negative karma and invit...
- US warns ties with Iran’s Strait of Hormuz authority may bring sanctions for 'anyone' involvedAmerica has issued a stern warning to global shipping and finance firms. Cooperation with Iran's new Persian Gulf Strait Authority could in...
- Quote of the day by John D Rockefeller: 'If you want to succeed you should strike out on new paths, rather than...' Life lessons on success, hard work and human nature by American industrialist and philanthropistQuote of the day by John D Rockefeller talks about taking new paths to achieve success instead of following accepted methods. The quote exp...
- To give, first get to know: Why India’s everyday generosity matters more than everIndia witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad...
- India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
- Reliance Trust challenges I-T move to cancel registrationSeveral prominent charitable organizations in Mumbai are facing the cancellation of their tax registrations. The tax department cites comme...
- Parliamentary panel suggests relief in refunds to small tax payers if ITR not filed in due timeA parliamentary panel has suggested key changes to the Income-Tax Bill 2025, focusing on clarity and alignment with existing laws. The reco...
- How to claim section 80G deduction while filing ITRSection 80G of the Income Tax Act allows a deduction on the monetary donation made to the specified charitable institutions. The rules of c...
- Income Tax department sends notices over donations to charitable trustsThe I-T Dept has issued notices to around 8,000 taxpayers on account of them making large donations to charitable trusts, which are believe...
- Govt trying to discourage anonymous donations: ChidambaramThe government is trying to discourage 'gupt daan' (anonymous donation) to charitable institutions to check growth of black money and ensur...
- Benevolent cos must reveal charity trackInfo in tax returns filed by cos will help tax officials clamp down on outfits set up to siphon off funds.
- India Inc turns generous to survive tax axeFor Rs 22,000 crore of donations in 2005-06, India Inc has claimed tax breaks of Rs 3,519 crore.
- Charity comes home to India with a $2-b kittyIt’s not just equities alone. Foreign money is pouring into religious and charitable institutions, too.
- I-T wants to limit tax sops to educational institutionsAfter levying a tax on educational institutions receiving anonymous donations, revenue authorities now want to restrict the scope of other ...
Load More
