SUBMISSION OF PROPOSALS UNDER CENTRAL SECTOR SCHEME FOR PROMOTION OF INFORMATION, EDUCATION AND COMMUNICATION (IEC) IN AYUSH

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EVENT_CALENDAR_FY_2024-25Ayush.pdf

Biotechnology Industry Research Assistance Council (BIRAC) is a not-for-profit Section 8, Schedule B, Public Sector Enterprise, set up by Department of Biotechnology (DBT),

• BIRAC is a industry-academia interface and implements its mandate through a wide range of impact initiatives, be it providing access to risk capital through targeted funding, technology transfer, IP management and handholding schemes that help bring innovation excellence to the biotech firms and make them globally competitive. In its Eight years of existence, BIRAC has initiated several schemes, networks and platforms that help to bridge the existing gaps in the industry-academia Innovation research and facilitate novel, high quality affordable products development through cutting edge technologies. BIRAC has initiated partnerships with several national and global partners to collaborate and deliver the salient features of its mandate.
• SPARSH is the social innovation initiative of ‘BIRAC’ is strategically designed to leverage biotechnological interventions for addressing critical societal issues. The core premise of the SPARSH scheme revolves around nurturing a cadre of accomplished "Social Innovators" within the biotech domain.
• SPARSH program provides comprehensive approach, encompassing immersive experiences in clinical and rural settings, complemented by essential funding assistance through mini kick-start grants.

Last date of Application is 15th Sept 2023

For more check out the presentation and the Link below

https://birac.nic.in/cfp_view.php?id=84&scheme_type=4

BIRAC.pptx

                     Click here

Indian Government, at all levels, announces Welfare Schemes for a cross section of the society from time to time. These schemes could be either Central, State specific or a joint collaboration between the Centre and the States. In this section, This website has attempted to provide the public with an easy and single point access to information about several welfare schemes of the Government and their various aspects including eligible beneficiaries, types of benefits, scheme details etc

Link to the portal : https://www.india.gov.in/my-government/schemes. 

MSMEs SchemeBooklet 2022-23.pdf

International Conference on Empowering Women entrepreneurs from Grass root to global. Department of MSME invited for free registration:  Click Here for more details 

Click Here to download the file

Click here Guidelines for Convergence of PMFME Scheme with DAY NULM

Grant of financial assistance for administering Road Safety Advocacy under MoRTH-Ministry of Road Transport and Highways, Govt. of India. Last Date: 30.09.2020, Maximum Budget Rs- 5 Lac, Most of NGO can apply online.

Link For Apply Road Safety Proposal
http://www.morth-roadsafety.nic.in:8080/morthngogrant/mairoonsoft/commonui/login.xhtml

CBDT has extended or deferred the implementation of the new procedure for approval/ registration/ notification of certain entities u/s 10(23C), 12AA, 35 & 80G of the Income Tax Act, 1961 to 1st October 2020 from prescribed June 1, 2020.

Finance Act, 2020 has unleashed certain new compliance burdens on Charitable Trusts and Exempt Institutions. Budget 2020 has amended certain provisions of the Income Tax Act, 1961 having a great impact on the functioning of the registered Charitable Trusts and NGOs. These charitable trusts and NGOs have been burdened with the renewal of existing registration, setting an expiry date for registration, filing of statements of donation receipts, and other formalities.

All the existing charitable and religious institutions (including NGOs) which are registered or approved under the following sections :

• Section 12A
• Section 12AA
• Section 10(23C)
• Section 80G

are compulsorily required to switch to section 12AB for fresh registration.

Currently, several hospitals, schools and colleges are registered simultaneously under section 10(23C) and 12AA. Charitable trusts and intuitions currently registered under both section 10(23C) and section 12AA will now be required to apply for revalidation or renewal of either the approval under section 10(23C) or registration under section 12AA, but not both.

Charitable trusts and exempt institution which are already registered under section 12A or section 12AA of Income Tax Act, 1961 will now be required to reapply online for registration and approval by August 31, 2020. Provisions of registration under section 12AA or section 12A will become redundant from 01st June 2020 and a new section 12AB will come into force with effect from 01st June 2020. All the existing registered trusts under the erstwhile section 12A or section 12AA would move to new provision section 12AB.

Similarly, charitable trusts and exempt institutions which already have Section 80G certificate will now be required to reapply online for registration or approval by August 31, 2020. The registration shall remain valid for 5 years.

These new compliances are about to begin from June 1, 2020. Hence seeing the present situation, the CBDT has decided to give relief to the charitable societies.

The new compliances under the mentioned section were made applicable from June 1, 2020 and should have been completed by August 31, 2020. From the released information by way of tweet, the new date of compliances shall begin on October 1, 2020 and shall continue till December 31, 2020.

In this pandemic situation, it is the NGOs and other Charitable trusts which are playing an active role in the society and their contributions cannot be ignored right now. It is, therefore, of utmost importance to allow them to remain focussed in social activities rather than in compliances.

Please note that this information is shared by the Income Tax department by tweet only which is not a law. Hence, to have a legal effect of the time extension or deferment, a notification from the CBDT is required which may be expected soon.

Update:

Ministry of Finance has on 9th May 2020 has released a press note in this regard and clarified that the necessary legislative amendments in this regard shall be proposed in due course.

Download Copy of press note dated 09.05.2020 on deferment of the new procedure for registration, approval, etc. in pdf format.