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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

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PNB fraud case: CBI court orders issuance of non-bailable warrant against Mehul Choksi

A special CBI court has taken cognisance of the second chargesheet filed in the 12,636-crore rupees PNB fraud case and ordered the issuance of a non-bailable warrant against a key accused Mehul Choksi. The second chargesheet has been registered for a total amount of 7,080.86 crore rupees, covering 142 letters of undertaking and 58 foreign letters of credit. It names 16 entities and individuals, including top PNB officials.

The chargesheet names managing director of Gitanjali group Mehul Choksi, former PNB managing director and CEO Usha Ananthasubramanian, two serving executive directors of PNB Brahmaji Rao and Sanjiv Sharan, and PNB deputy manager Gokulnath Shetty.


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