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Over 24 prominent charitable institutions in India may face tax scrutiny
Govt may modify charity-related tax clauses to plug lacunae
Entities involved in trade would cease to be a charitable institution: SC
This judgement could have wide ramifications as the charitable institutions involved in any trade or commerce in the name of said provision could come under its radar
Govt issues notices to 6,000 NGOs for not filing annual returns
Around 18,000 non-profit organisations were asked to upload the details within a month's time
Modi govt to NGOs: Submit income, expenditure records or face cancellation
A large number of NGOs are yet to submit their annual returns for five years -- 2010-11 to 2014-15