Tag Archives: Donation

One of the repeated enquiries I got during the COVID period (last 7 months) was about the Registration of Trusts. Many people were in a hurry to start a trust and their most common question was about how to get funds from abroad! By looking at them, I was also …

Under the existing provisions of section 80G, deduction is not allowed in respect of donation made of any sum exceeding Rs.10,000, if the same is not paid by any mode other than cash. In order to provide cash less economy and transparency, it is proposed to amend section 80G so …

Mrs.Malini has donated Rs.20,000 to R M Trust. She wants to know whether the entire amount can be reduced from the Income tax payable OR whether the entire amount can be reduced from her taxable income. The answer is, both are wrong. Through this article we have made a modest …

Laws | Act # 21 | Foreign Contribution Regulation Act (FCRA) 2010 “Probe ordered into AAP Funding from Outside India” News dated 12th Nov 2013 Why? Are they not eligible for getting donations from abroad? The Answer is Yes and No Yes. If they are getting donations from Non-Resident Indians …