Feb 03, 2025 Circulars & Notifications Attachment Link
Relief Regarding Disclosure of the Details of Donors
The Finance Bill 2025 has amended the definition of specified persons under Section 13(3) concerning persons who have made substantial contributions to an organisation in the preceding year or earlier.The threshold for treating a donor as a specified person has been revised. There are also other implications of this change.
Read more to understand the new donor disclosure changes!