Versuchen GOLD - Frei
Experts seek clarity on tax sops for non-profit entities
Financial Express Ahmedabad
|February 24, 2025
WHILE THE INCOME Tax Bill, 2025 has consolidated the tax laws governing non-profit organisations (NPOs), tax experts have sought more clarity on the criteria for these entities to qualify for tax concessions.
The new Bill seeks to explain 'permissible commercial activities' for registered NPOs—a feature which was absent in the extant I-T Act, 1961, to allow NPOs to operate with greater certainty in undertaking commercial activity and reduce litigations. However, experts call for the necessary FAQs (frequently asked questions) and rules on what constitutes 'permissible' and 'non-permissible commercial activities' to help NPOs better align their activities to meet legal requirements.
Diese Geschichte stammt aus der February 24, 2025-Ausgabe von Financial Express Ahmedabad.
Abonnieren Sie Magzter GOLD, um auf Tausende kuratierter Premium-Geschichten und über 9.000 Zeitschriften und Zeitungen zuzugreifen.
Sie sind bereits Abonnent? Anmelden
WEITERE GESCHICHTEN VON Financial Express Ahmedabad
Financial Express Ahmedabad
Buy gold on Akshaya Tritiya and add on every dip till Diwali
SPREAD YOUR PURCHASES TO TAKE ADVANTAGE OF INTERMITTENT DIPS IN PRICE
2 mins
April 18, 2026
Financial Express Ahmedabad
Strong global confidence in domestic markets: Pandey
FPIs HOLD 17% STAKE IN INDIA’S LISTED EQUITIES
1 mins
April 18, 2026
Financial Express Ahmedabad
OpenAI to pay Cerebras over $20 bn for chips
OPENAI HAS AGREED to pay chip startup Cerebras more than $20 billion over the next three years to use servers powered by the company’s chips, under a deal that could also give the ChatGPT maker an equity stake in the firm, The Information reported on Thursday, citing sources.
1 min
April 18, 2026
Financial Express Ahmedabad
Bonds slip, ends week on a flat note
GOVERNMENT BONDS FELL on Friday, ending the week flat with US-Iran truce talks still uncertain and the blocked Strait of Hormuz keeping oil prices elevated.
1 min
April 18, 2026
Financial Express Ahmedabad
Star Health open to diversification, awaits regulatory clarity
STAR HEALTH AND Allied Insurance Company on Friday said it remains open to exploring diversification opportunities if a composite licence framework emerges.
1 mins
April 18, 2026
Financial Express Ahmedabad
Big LPG buildout: ₹12.5K-cr pipeline bids near closure
INDIA HAS BEGUN the process of developing liquefied petroleum gas (LPG) pipeline infrastructure to eliminate bulk movement of cooking fuel, with the Petroleum and Natural Gas Regulatory Board (PNGRB) in the process of concluding bid proposals of four pipelines with an estimated investment of ₹12,500 crore.
1 min
April 18, 2026
Financial Express Ahmedabad
Women's Bill fails test
THE BILL REQUIRED a special majority of both Houses to get passed — meaning two-thirds of those present and voting, which should not be less than one half of the total strength of the House.
1 mins
April 18, 2026
Financial Express Ahmedabad
lsrael-Lebanon truce takes effect
US PRESIDENT HAS BARRED ISRAEL FROM FURTHER STRIKES IN LEBANON
1 min
April 18, 2026
Financial Express Ahmedabad
Marine exports rise 14% in FY26
Increase in shipments to EU, China, Vietnam
1 mins
April 18, 2026
Financial Express Ahmedabad
America's global rizz is going up in smoke
SOFTPOWER: AN American pope understands and wields it;an American president does not understand it and keeps destroying it.
3 mins
April 18, 2026
Listen
Translate
Change font size