Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 150
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 151
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::index() - APP/Controller/ArtileDetailController.php, line 151
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 97
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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        LATEST NEWS UPDATES | India Inc&#039;s coffers opened up for political parties    </title>
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-The Hindu Business Line

Aadhaar mandatory for applying for PAN; filing IT returns

New Delhi: India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have..."/>
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Aadhaar mandatory for applying for PAN; filing IT returns

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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Aadhaar mandatory for applying for PAN; filing IT returns<br /><br />New Delhi: </em>India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years.<br /><br />The amendments include reduction to the limit for cash transactions to Rs. 2 lakh from the earlier envisaged Rs. 3 lakh for Income Tax. Companies now do not have to disclose in their profit and loss accounts the name of the political parties to which they contributed.<br /><br />The contributions to political parties will have to be made only through a cheque, bank draft, electronic means or any other scheme notified by the government. The Finance Bill 2017 already provided for the introduction of &lsquo;electoral bonds&rsquo; to make contributions to political parties.<br /><br />Come July 1, 2017, it would be mandatory for every person to quote their Aadhaar number when applying for a PAN or while filing their income-tax returns.<br /><br /><em>Bets on Aadhaar card<br /></em><br />&ldquo;We are seeing situations where one person is going around with five PAN cards. This cannot be allowed,&rdquo; he said. Jaitley also did not agree with the contention of opposition members that even Aadhaar card could be misused. &ldquo;There is less possibility of misuse of Aadhaar card,&rdquo; Jaitley said.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Aadhaar mandatory for applying for PAN; filing IT returns

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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Aadhaar mandatory for applying for PAN; filing IT returns<br /><br />New Delhi: </em>India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years.<br /><br />The amendments include reduction to the limit for cash transactions to Rs. 2 lakh from the earlier envisaged Rs. 3 lakh for Income Tax. Companies now do not have to disclose in their profit and loss accounts the name of the political parties to which they contributed.<br /><br />The contributions to political parties will have to be made only through a cheque, bank draft, electronic means or any other scheme notified by the government. The Finance Bill 2017 already provided for the introduction of &lsquo;electoral bonds&rsquo; to make contributions to political parties.<br /><br />Come July 1, 2017, it would be mandatory for every person to quote their Aadhaar number when applying for a PAN or while filing their income-tax returns.<br /><br /><em>Bets on Aadhaar card<br /></em><br />&ldquo;We are seeing situations where one person is going around with five PAN cards. This cannot be allowed,&rdquo; he said. Jaitley also did not agree with the contention of opposition members that even Aadhaar card could be misused. &ldquo;There is less possibility of misuse of Aadhaar card,&rdquo; Jaitley said.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Aadhaar mandatory for applying for PAN; filing IT returns

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    <h1 class="cat-box-title">India Inc&#039;s coffers opened up for political parties</h1>
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                            <div align="justify">-The Hindu Business Line<br /><br /><em>Aadhaar mandatory for applying for PAN; filing IT returns<br /><br />New Delhi: </em>India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years.<br /><br />The amendments include reduction to the limit for cash transactions to Rs. 2 lakh from the earlier envisaged Rs. 3 lakh for Income Tax. Companies now do not have to disclose in their profit and loss accounts the name of the political parties to which they contributed.<br /><br />The contributions to political parties will have to be made only through a cheque, bank draft, electronic means or any other scheme notified by the government. The Finance Bill 2017 already provided for the introduction of &lsquo;electoral bonds&rsquo; to make contributions to political parties.<br /><br />Come July 1, 2017, it would be mandatory for every person to quote their Aadhaar number when applying for a PAN or while filing their income-tax returns.<br /><br /><em>Bets on Aadhaar card<br /></em><br />&ldquo;We are seeing situations where one person is going around with five PAN cards. This cannot be allowed,&rdquo; he said. Jaitley also did not agree with the contention of opposition members that even Aadhaar card could be misused. &ldquo;There is less possibility of misuse of Aadhaar card,&rdquo; Jaitley said.<br /><br />Please <a href="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true" title="http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true">click here</a> to read more. <br /></div>                                                           
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Home हिन्दी

India Inc's coffers opened up for political parties

Published on Mar 23, 2017   Modified on Mar 23, 2017

-The Hindu Business Line Aadhaar mandatory for applying for PAN; filing IT returns New Delhi: India Inc can make donations to political parties without any fetters now that the amendments to the Finance Bill, passed in the Lok Sabha on Wednesday, have removed the existing cap of 7.5 per cent of their average net profits for last three financial years. The amendments include reduction to the limit for cash transactions to Rs. 2 lakh from the earlier envisaged Rs. 3 lakh for Income Tax. Companies now do not have to disclose in their profit and loss accounts the name of the political parties to which they contributed. The contributions to political parties will have to be made only through a cheque, bank draft, electronic means or any other scheme notified by the government. The Finance Bill 2017 already provided for the introduction of ‘electoral bonds’ to make contributions to political parties. Come July 1, 2017, it would be mandatory for every person to quote their Aadhaar number when applying for a PAN or while filing their income-tax returns. Bets on Aadhaar card “We are seeing situations where one person is going around with five PAN cards. This cannot be allowed,” he said. Jaitley also did not agree with the contention of opposition members that even Aadhaar card could be misused. “There is less possibility of misuse of Aadhaar card,” Jaitley said. Please click here to read more.

The Hindu Business Line, 22 March, 2017, http://www.thehindubusinessline.com/economy/india-incs-coffers-opened-up-for-political-parties/article9596544.ece?homepage=true

Tagged with: pan card Permanent Account Number (PAN) Political Funding Political Parties

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