National Defence Fund
National Defence Fund (NDF) is an Indian Government Institution, set up in the year 1962 to receive voluntary donations for the promotion and welfare of the members of the Indian Armed Forces (including paramilitary forces) and their dependents. Members of the executive committee include the Prime Minister of India—as chairperson, Home Minister, Defence Minister and Finance Minister—Treasurer.[1][2][3] Donations to the National Defence Fund are 100% tax exempt.[4][5] Donations can be made through an online government portal also.[6]
Income and Expenditure
The Income and Expenditure Statement of the NDF for last five years is as follows (in crore rupees):[7]
Year | Expenditure | Receipts | Balance |
---|---|---|---|
31.03.2013 | 5.72 | 76.69 | 941.50 |
31.03.2014 | 61.99 | 80.68 | 956.85 |
31.03.2015 | 33.98 | 84.72 | 1007.59 |
31.03.2016 | 46.86 | 83.53 | 1044.26 |
31.03.2017 | 30.20 | 82.02 | 1096.08 |
Notable Contributions
Mir Osman Ali Khan the Nizam VII of former Hyderabad State made a donation of 5,000 kg of gold to the National Defence Fund in 1965.[8][9][10] This was the biggest ever contribution by any individual or organisation in India and remains unsurpassed till date.[11][12]
References
- ↑ "National Defence Fund". 5 February 2018.
- ↑ "National Defence Fund" (PDF). 5 February 2018.
- ↑ "The Army Welfare Fund That You Might Think is a Hoax, But Isn't". The Quint. Retrieved 2018-02-05.
- ↑ "Here's how you can avail tax deduction under Section 80G". Zee Business. 2018-01-10. Retrieved 2018-02-05.
- ↑ Motiani, Preeti (2018). "Check before you donate: Will you get 50% or 100% tax benefit under Section 80G?". The Economic Times. Retrieved 2018-02-05.
- ↑ Online Contributions / Donations to National Defence Fund
- ↑ "National Defence Fund | Prime Minister of India". www.pmindia.gov.in. Retrieved 2018-02-05.
- ↑ www.themorningchronicle.in/mir-osman-ali-khan-the-last-nizam-of-hyderabad-who-gave-5-tonnes-gold-to-national-defence-fund-did-not-use-a-blanket-worth-35-rupees-for-his-personal-use
- ↑ https://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/the-enigma-that-was-mir-osman-ali-khan/article3111216.ece
- ↑ http://www.mpositive.in/2014/09/11/when-osman-ali-khan-donated-5-tonnes-of-gold-to-govt-of-india
- ↑ "The rich legacy of Nizams". Deccan Chronicle. 2014-06-01. Retrieved 2018-02-05.
- ↑ https://www.thehindu.com/todays-paper/tp-national/tp-andhrapradesh/A-lsquomiser-who-donated-generously/article15988076.ece