Deciding two connected writ petitions arising from a common Industrial Tribunal Award, the Delhi High Court set aside the Tribunal's direction granting hotel workmen a further…
Section 80G Amendment: Tax Deduction for Donations to National Sports Development Fund w.e.f 1st April 2025
Update / Judgement Date
24 Jul 2024
Source
Author
Team — WCP Legal Desk
Reading Time
1 min read
The amendment to Section 80G of the Income Tax Act will allow deductions for donations to the National Sports Development Fund, starting April 1, 2025. This amendment, proposed in the Union Budget 2024-25, updates the existing provision to include the National Sports Development Fund, which was set up by the Central Government on November 12, 1998. This change will be applicable from the assessment year 2025-26 onward.