“LET’S GO” FOR NGO


The Government today has issued a statement regarding relaxing tax norms for NGO’s. The central borad for Taxes as added” These taxes are one time approvals and will be withdrawn by the income-tax empowered to grant them”.
The Government would withdraw it for any particular NGO if it is found out flouting with any prescribed rules.Presently,the NGO’s should also renew itself once in 3 years to the income-tax department.Now, there is no need for it to renew itself unless questioned by the Income-tax department.
It is a welcome move and it would remove administration burden for NGO’s

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