Sucheta Dalal’s Money Life Foundation
Opened for
Public Contributions in 2011.
Everybody needs funds, this is an Open Fact. Politicians need funds for running their political parties. Enterprenuers need funds for their business ideas. Saints need funds for propagation of their Dharmic Chintan.
Sucheta Dalal also need funds for running her foundation.
She doesn't want equity capital or debt !
No obligations, No Performance related questions !!
Sucheta wants free of cost public contributions only,
for her Inocme Tax Exempted 'Trust / Foundation"
In a letter captioned “Greetings from Moneylife Foundation”, Sucheta said that, we are delighted to also inform you that donations to Moneylife Foundations are now eligible for 50% tax exemption under Section 80 G of the Income Tax Act and our 80 G certificate number is : DIT(E)/MC/80G/685/2010-11. This is a big gift for us on turning one! Please do help us by forwarding this information to those who may want to support the cause of financial literacy and creating smart savers.
Sucheta terms the Income Tax Exemption granted to her Money Life Foundation as a big gift on the occasion of Moneylife Foundation completing one year of its existence.
What for the contributions?
For the usual sermon's which contain pieces of advice like argue your case, negotiate, discuss and speak up in the name of financial literacy and creating smart savers.
Did we leave out any? Okay, now we are reminded by a friend with whom we argue often that if civilised debates, sermons could solve everything and make people financially literate, "why we would have war moment like stories from Sucheta through her www.moneylife.in", where day in and day out, ‘the only message that she spreads is SEBI is inefficient. Exchanges are Inefficient’.
She Questions Tax Authorities but says the Tax Exemption given to the contributions of her Moneylife Foundation as a great gift.
Sucheta says MLM schemes as the worst and dirty schemes meant for loot,
In the same vein when we look at her invitation letter for contributions to her foundation and her request to forward her invitation to those who may want to contribute funds for her foundation', "Is she not adopting the same MLM techniques for rising funds for her foundation"?. See Sucheta’s Public Invitation letter for contributions as appended here under:-
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| Click on the above for a better view |
Hey,
Do you know, on Moneylife Foundation turning one year, who brand ambassodered her? Or whom did she made brand ambassadors?
Dr.K.C.Chakrabarty, Deputy Governor of RBI and Mr.Sanjay Nirupam.
Sucheta in her Greetings from Moneylife Foundation makes a special mention of Mr.Sanjay Nirupam by stating as follows:-
Mr.Sanjay Nirupam, Congress Member of Parliament and a well wisher of Moneylife Foundation.
That’s like politicians and news media patting each other’s backs. Ironically, the new tagline for Moneylife Foundation is, “Sanjay Nirupam”-‘A Well Wisher’.
Why the politicians, accept such invitations from the news media?, An important aspect of the whole story is, Who funds these shows?.
These are ‘sponsored’ which no politician or public servant should ever accept.
In short, it’s just another money-making business for the Moneylife, which public servants that too of the stature of Dy.Governor of RBI should be avoiding.
It’s not just politicians who are out of touch with people. The men and women who are supposed to be journalists are equally out of touch. Sometimes wonder if some of our media celebs have ever bothered about the vows of public?
Rather they all concentrate on pushing their own agendas on to public through Sermons.
Sanjay Nirupam launches Moneylife Knowledge Centre
Speaking on the occasion, Mr Nirupam said, “I congratulate the Moneylife team for taking this wonderful initiative. I am happy that the Moneylife Knowledge Centre is being launched on my birthday. I would like to give my best wishes to Moneylife Foundation’s Knowledge Centre.
Not just the opening of a center, Sanjay Nirupam always figures in the key functions held by Moneylife Foundation, Take a look at the photographs, how Sanjay Nirurpam the sole attraction of their first anniversary.
Sanjay Nirupam holds meets in his constituency.
If you know any of the public servants, Please communicate with them and do make sure to advise them not to accept these invitations.
Every person wants to raise funds, only the means adopted that changed. The entities nomenclature changed, but the underlying interest remains the same!!
We provide sermons, please provide us funds.
These sermons, ceremonies, lectures, investor awaereness programs, financial literacy, creating smart savers are merely another form of corruption for inviting public contribution.
The said meet is scheduled on 10th December 2011 and an invite on the same is available in the link here with :- 
