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

Madras High Court has issued a notice to the Centre and the IRDAI on a petition alleging disparity in fixing third party insurance premium rates for goods carriages by the regulator.

Justice T Raja issued the notice to the Ministry of Highways and Road Transport and the Insurance Regulatory and Development Authority of India while hearing the plea by Tamil Nadu Lorry Owners Association.

The petitioner claimed that third party insurance premium rates for goods carriages have been increased by 1,117 per cent in the past 15 years, while that for private cars and two-wheelers have been substantially reduced by the IRDAI.

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