AKASHVANI SAMACHAR BHARTI 2017

Prime Minister's National Relief Fund(PMNRF) and National Defence Fund(NDF)

All donations towards the Prime Minister's National Relief Fund(PMNRF) and the National Defence Fund(NDF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act,1961

Persons With Disabilities(Equal Opportunities,Protection of Rights and Full Participation) Act,1995

The Motor Vehicles (Amendment) Bill, 2017 and the State Banks (Repeal and Amendment) Bill, 2017 are scheduled to be taken up for discussion and passing in the Rajya Sabha today. The Motor Vehicles (Amendment) Bill was passed by the Lok Sabha in April last year.


The bill proposes significant changes in the Motor Vehicles Act of 1988. It proposes high penalties for various traffic offences, three-year jail for parents of minors drivers causing fatal accidents and a tenfold increase in compensation for families of accident victims. The bill also makes Aadhaar mandatory for getting a driving licence and vehicle registration.

In the Lok Sabha, the Payment of Gratuity (Amendment) Bill, 2017 and the Specific Relief (Amendment) Bill, 2017 are listed for consideration and passing. Payment of Gratuity Amendment Bill seeks to amend the Payment of Gratuity Act, 1972.

The Bill will make formal sector workers eligible for tax-free 20 lakh rupees gratuity. At present formal sector workers with five or more years of service are eligible for 10 lakh rupees tax-free.

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