Changes in laws will make charitable trusts transparent
A trust is considered charitable if the object of the trust is directed to the benefit of the community or a section of the community and not for an individual or group of individuals. Charitable purpose includes relief of the poor, education, medical relief or any other object of public utility.
Suraj Nangia, Partner contributed an article on Preventing tax exemptions abuse: Changes in laws will make charitable trusts transparent for Financial Express.
Attached is link to the article
