Not-for-Profit entities and small educational, medical institutions or hospitals, etc. existing solely for educational and/or philanthropic intentions enjoy tax exemption subject to meeting certain conditions. These organisations are highly dependent on donations, as it is the primary source of funding for their activities.Not-for-Profit entities and small educational, medical institutions or hospitals, etc. existing solely for educational and/or philanthropic intentions enjoy tax exemption subject to meeting certain conditions. These organisations are highly dependent on donations, as it is the primary source of funding for their activities.taxmann.com Latest ArticlesRead More
Paradigm shift in taxation of Not-for-profit organisations
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- Post published:March 18, 2021
- Post category:News / Taxman Articles
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