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

The CBI has registered a case against Air Asia Group CEO Tony Fernandes and others over alleged violation of norms for getting international flying licenses.

Agency sources said, the case relates to alleged violation of norms by directors of the aviation company for relaxation of 5/20 rules to get licenses for international operations, as well as violation of Foreign Investment Promotion Board rules.

The officials said, the 5/20 rule means that a company needs five years of experience and 20 aircraft to become eligible for the license. The Agency also conducted searches at six locations in Delhi, Mumbai and Bengaluru.

Air Asia Group CEO allegedly lobbied with government servants for clearances, removal of existing rule of aviation and change in regulatory policies.

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