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IMPACT ON CHARITABLE ORGANISATIONS
Kerala Assembly urges Centre to withdraw proposed FCRA amendmentsKerala Assembly unanimously passed a resolution demanding the Centre withdraw proposed FCRA amendments, citing severe impacts on voluntary ...- Mohini Mani cause of death: Actor Ajith Kumar's mother dies at 85. Kamal Haasan pays tributeTamil cinema mourns the passing of Mohini Mani, mother of actor Ajith Kumar. She died at 85 after health issues. Mohini Mani played a key r...
- 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...
- $9 million meal? Warren Buffett and Stephen Curry charity dinner fetches record-breaking bidA charity auction offering a private dinner with Warren Buffett and Stephen Curry has fetched a record $9 million bid. With Buffett matchin...
- Tax shadow over charitable trusts with 'profit' motiveThree top-notch hospitals in Mumbai and a famous international spiritual organisation-all functioning as charitable trusts-have been denied...
- ETtech Explainer: How the Altman vs Musk trial is unfolding in courtA high-stakes trial between AI pioneer Elon Musk and OpenAI, co-founded by Musk, has commenced. Musk alleges the company, now a for-profit ...
- NGOs lose foreign donation nod for failing to use fundsThe Indian government is taking action against non-profits holding unused foreign funds. Registrations are being cancelled for organization...
- Jeff Bezos' ex-wife MacKenzie Scott donates $70 million to Meals on Wheels America: How her Amazon fortune is changing livesJeff Bezos' ex-wife, MacKenzie Scott has donated big once again, and this time it is $70 million directed to Meals on Wheels America to hel...
- Sebi allows more charitable entities to raise funds via Social Stock ExchangeMarkets regulator Sebi on Friday permitted more charitable entities to raise funds through the Social Stock Exchange (SSE), in a bid to bro...
- 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...
- Sobha Group to give away 1000 homes to women-led underprivileged families in KeralaSri Kurumba Educational and Charitable Trust, led by PNC Menon and Sobha Menon, launched Griha Sobha 2024, providing secure homes to underp...
- Explainer: NSE gets nod to launch social stock exchange. What is it and how does it work?Social enterprises are non-governmental organisations and are of two types — non-profit organisations (NPOs) and for-profit social enterpri...
- New tax regime may impact charity donations owing to higher exemption limitBased on the government’s expectations, nearly two-thirds of taxpayers are expected to opt for the new tax regime, which has now become the...
- Odisha Skill Development Authority chairman to speak at Shankara Cancer Hospital 10th year celebrationsThe hospital, helmed by eminent cancer surgeon Dr. BS Srinath, has organised a three-day event from August 13 to celebrate its 10th year. F...
- Google.org announces grant funding of Rs 54 million for three Indian non-profitsGoogle.org, the philanthropic arm of Google, has announced grant funding of Rs 54 million for three Indian non-profit organisations.
- NRI billionaire entrepreneur Manoj Bhargava to give Rs 500 crore for Uttarakhand's developmentBhargava, who is one of the richest Indians in America, has already given more than Rs 300 crore to over 151 organisations across India, wi...
- Vanarai receives $39,000 grant from the UPS FoundationVanarai received an amount of $ 39,000 grant from the UPS Foundation, the charitable arm of UPS.
- NGOs urges Fin min to continue tax exemptions for them in DTCAn NGO has urged FM to continue tax exemption for them in the proposed DTC in order to encourage NGOs to undertake welfare activities.
- Religious, caste trusts out of exemption list in DTCReligious and charitable trusts set up for a particular religion or caste that are currently exempt from paying income tax will lose these ...
- Charity ends when profits start kicking inIncome generated by charitable trusts from other activities has been brought under tax net. The move could impact many an institution.
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