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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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Govt approves proposal to withdraw Nalanda University (Amendment) Bill, 2013 pending in Rajya Sabha

Government today approved a proposal to withdraw the Nalanda University (Amendment) Bill, 2013 pending in the Rajya Sabha, as the proposed changes need to be discussed with the governing board of the institution before a final decision is taken. The decision to withdraw the amendment bill was taken at the meeting of the Union Cabinet held this evening.



The Nalanda University was established on the basis of a joint press statement at the 4th East Asia Summit held in Thailand in October 2009, which supported its establishment as a non-state, non-profit, secular and self-governing international institution. Subsequently, the Nalanda University Act, 2010 was passed and it came into effect from November 25, 2010.



The government will now move a motion in the Rajya Sabha to withdraw the amendment bill introduced on August 26, 2013. The Governing Board of Nalanda University has since been constituted.




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