Donations to the famous Kashi Vishwanath temple in Varanasi would now get 100 percent income tax exemption, an official spokesperson of the state government said. A decision to this effect was taken by the state cabinet on Tuesday.
A decision to this effect has been taken by the Akhilesh Yadav
government, which also gave its assent to a proposal to allow the Kashi
Vishwanath Trust to use the funds it received in building hospitals and
schools.
An official spokesman of the state government said on Wednesday that the
state cabinet had granted approval for the Trust to use charitable
funds received to set up dharmshalas (rest houses), hospitals and
dispensaries that offer free treatment.
After the state cabinet approved the Shri Kashi Vishwanath Temple Trust
(Amendment) 2013, the trust would function on the lines of the Tirupati
Balaji Trust in Andhra Pradesh, the official said.
Income tax exemption on donations received by the Trust so far was 50 percent.
Speaking of full income tax exemption to donations to the Trust, an
official said: "While this will help the Trust get more funds, it will
also enable expansion of the Trust's activities in the field of
medicare, health, education and research," an official said.
The income tax department had recently okayed the proposal of tax exemption on donations under the 80 GGA clause.
Read more at: http://indiatoday.intoday.in/story/donations-to-kashi-vishwanath-temple-now-tax-free/1/258630.html
No comments:
Post a Comment