India Considers Narrowing Definition of Charitable
January 28, 2008
The Economic Times (India) reports that India is considering adopting new legislation that would narrow the definition of charitable. Earlier today, I reported on a seeming international trend to restrict the types of organizations who obtain charitable tax exemption. The article provides further evidence:
NEW DELHI: Charity sees the need, not the cause, it is said. However, the government now wants to see the cause before extending tax benefits. It is examining a proposal to narrow the definition of charitable purpose to ensure only the trusts that carry out charitable activities are able to benefit from tax exemptions.
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