The Income Tax Department is intensifying its review of charitable trusts and non-profits, demanding detailed fund utilisation and governan...

India's wealthiest religious trust, Tirumala Tirupati Devasthanams, is partnering with the Institute of Chartered Accountants of India (ICA...

Reliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...

Ekadashi, a sacred Hindu day dedicated to Lord Vishnu, involves fasting, prayer, and spiritual practices to remove negative karma and invit...

America 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 talks about taking new paths to achieve success instead of following accepted methods. The quote exp...

India witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad...

Niti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...

Several prominent charitable organizations in Mumbai are facing the cancellation of their tax registrations. The tax department cites comme...

A parliamentary panel has suggested key changes to the Income-Tax Bill 2025, focusing on clarity and alignment with existing laws. The reco...

Section 80G of the Income Tax Act allows a deduction on the monetary donation made to the specified charitable institutions. The rules of c...

The I-T Dept has issued notices to around 8,000 taxpayers on account of them making large donations to charitable trusts, which are believe...

The government is trying to discourage 'gupt daan' (anonymous donation) to charitable institutions to check growth of black money and ensur...

Info in tax returns filed by cos will help tax officials clamp down on outfits set up to siphon off funds.

For Rs 22,000 crore of donations in 2005-06, India Inc has claimed tax breaks of Rs 3,519 crore.

It’s not just equities alone. Foreign money is pouring into religious and charitable institutions, too.

After levying a tax on educational institutions receiving anonymous donations, revenue authorities now want to restrict the scope of other ...