The New Umbrella Entity (NUE) will be jointly promoted by a Reliance unit and Infibeam Avenues Ltd's subsidiary So Hum Bharat, while Google and Facebook will hold a smaller stake in the NUE license

\"During the last three years i.e. 2018 to 2020, FCRA registration certificates of 1,810 NGOs/Associations have been cancelled,\" Rai added.

Over Rs 58,000 crore foreign funds were received by NGOs registered under the FCRA between 2016-17 and 2018-19. There are around 22,400 FCRA registered NGOs in the country

According to Union Health Ministry, over 54 lakh people in the country have been vaccinated with the two coronavirus vaccines- Covishield and Covaxin, so far

Sources said that reports in the media alluding that any purchase, even if below Rs 2 lakh, of gold, silver, jewellery or precious gems and stones in cash require KYC are baseless

Clarifying a December 28, 2020 notification, the Department of Revenue in the ministry said cash purchase of jewellery, bullion and precious gems and stones of value more than Rs 2 lakh is not allowed without KYC in the country for the past few years

How the FM can make it a 'never before' Budget. Top experts weigh in

The government has notified on Tuesday the recommendations of the Law Committee of the GST Council in order to control the menace of GST fake invoice frauds

According to the rules, any NGO or person making an application for obtaining prior permission to receive foreign funds shall have an FCRA Account

Picking the right ITR form is critical for filing hassle-free income tax returns

The bill was introduced in the Lok Sabha in February and has been referred to a Joint Parliamentary Committee of both the Houses, headed by BJP MP Meenakshi Lekhi, for examination

On Wednesday alone, Rajya Sabha passed three key labour reform bills on industrial relations, social security and occupational safety by voice votes; in total, Upper House had to hold 18 sittings but only 10 could be held due to fear of COVID-19 spread in Parliament

Amid Opposition boycott of proceedings over suspension of eight MPs, Rajya Sabha unanimously passed The Foreign Contribution (Regulation) Amendment Bill, 2020

It essentially consists of two different compartments, the first one consists of 48 amendments all of which aim at decriminalisation and related matters, said Sitharaman

Government told Lok Sabha that it has taken several steps for timely detection of tax evasion, including searches and seizures, surveys, enquiries, assessment of income, levy of taxes, penalties, and filing of prosecution complaints in criminal courts

The Lok Sabha on Monday passed a bill to amend the Foreign Contribution (Regulation) Act, 2010 which seeks to make Aadhaar mandatory for NGOs to receive foreign funds

The senior official said no final decision has been taken on when the first phase of the Census 2021 and NPR update would take place, but it is almost certain that it would not be held in 2020 due to the rising cases of the coronavirus

It should be noted, first, that a taxpayer needs to mandatorily link Aadhaar with PAN for the AY 2019-20 on or before the filing of income tax returns

Income Tax Department officials say taxpayers need not mention high-value transactions in their return as it's done by third parties under the Income Tax Act

Any expansion in reporting under the statement of financial transactions (SFT) will mean that such reporting of high-value transactions to the income tax department will be done by financial institutions