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 Enforcement Directorate has slapped a penalty of over 121 crore rupees on the BCCI, its former president N Srinivasan, former IPL commissioner Lalit Modi and others for alleged violation of the FEMA law during the T-20 cricket IPL edition in 2009.

The ED was investigating the case for the alleged contravention of the Foreign Exchange Act (FEMA) in transferring over 243 crore rupees out of the country to host the 2009 Indian Premier League edition in South Africa.

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