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If you make any donation to qualified organisations, you become eligible for claiming the same as a deduction from taxable income
Cite examples of other countries' regulatory frameworks for crowdfunding
Whether it's gathering widespread support or simply alleviating the financial burden of healthcare, crowdfunding empowers people to seek help in an effective and humane manner
GoFundMe crowdfunding campaigns have generated USD 30 billion since 2010, the fundraising platform announced on Tuesday, as younger generations look beyond institutions to make their donations. Tim Cadogan, GoFundMe's CEO, said 150 million people have either sent or received money through the platform to date. Gen Z and millennial donors, as well as those who are not married and those who are less religious, are more likely to give through crowdfunding than to traditional nonprofits, according to a 2021 report by the Indiana University Lilly Family School of Philanthropy. That's what we're so thrilled about is that we've helped people come together to help each other at that level of scale, Cadogan told The Associated Press. GoFundMe, a privately held, for-profit company, has annually released the total amount raised on its crowdfunding platform since its founding, but hasn't published a breakdown of funds raised in an individual year. Nevertheless, it is possible to see significan
Party sources said the Congress will soon sell merchandise, such as caps signed by Rahul Gandhi, mugs and t-shirts. The party said the initiative is inspired by Mahatma Gandhi's Tilak Swaraj Fund
Congress's 'Donate for Desh' crowdfunding asks donors to contribute in instalments of Rs 138, Rs 1,380 or Rs 13,800. The party said the campaign will help it stand as a formidable Opposition
Congress president Mallikarjun Kharge on Monday launched the party's crowdfunding campaign here, asking people to join the fight against unemployment and rising costs. Kharge donated a sum of Rs 1,38,000 from his salary to launch the "Donate for Desh" campaign in the presence of party leaders and general secretaries K C Venugopal and Jairam Ramesh and treasurer Ajay Maken. "It is a very happy day that our party leaders have prepared an App. I feel this is the first time that the Congress is seeking the help of common people to build the country," he told reporters after the launch. As part of the campaign, the party will receive money from small donors, he said and added, "If you keep working by depending on the rich, then tomorrow we would have to agree to their programmes and policies". Kharge said the Congress is already working for the interests of the poor, Scheduled Castes, backwards and they have been helping us in the past too. "Through 'Donate for Desh', we will work to
The Supreme Court on Monday granted bail to Trinamool Congress spokesperson Saket Gokhale in a case related to alleged misuse of money collected through crowdfunding. A bench comprising Justices B R Gavai and Vikram Nath, while granting relief to the leader, noted that a charge sheet has already been filed in the case. Gokhale was arrested by the Ahmedabad Cyber Crime Branch from Delhi on December 30, 2022. He is facing charges under sections 420 (cheating), 406 (criminal breach of trust) and 467 (forgery) of the IPC.
Initiative seeks to involve communities in adopting patients and ensuring proper food for them
A pandemic-fueled boom in crowdfunding has small businesses flocking to capital-raising platforms that experts say could help many companies get back to normal
Campfire helps individuals and small groups raise funds online, making it the biggest such business in Japan.
Harsh Vardhan chaired a high-level virtual meeting with associations representing business corporate entities and select PSUs to discuss voluntary crowd-funding for treatment and care of patients
Set up by two brothers, Designhill has access to quality talent across the globe that has helped it go hyper-local as well, bringing it a larger set of customers in the process
Whether it is for disaster relief or a personal cause, some online platforms help you raise funds for a fee
The fund will be utilised towards the welfare of the families of the slain 499 SPOs
FinMin is of view that the platform can used for issue of loans, grants along with equity
The government is planning to invoke Section 462 of the Companies Act through which it can exempt any company or business from the Act