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Budget 2026: Structural Changes In Taxation Of NPOs

Legal / Technical Resources
Budget 2026: Structural Changes in Taxation of NPOs The Finance Bill 2026 has introduced several vital amendments. These changes address certain compliance concerns arising from the initial drafting of the new Income Tax Act 2025 and have important implications for registered non-profit organizations. In this issue, we analyse key developments including: - Merger of registered NPOs and its accreted tax implications. - Commercial activity concerns under the GPU category. - Filing of belated returns by registered NPOs. - Extended time limit for revised returns.
Language : English
Isbn :
No of pages : 9
Publisher : Financial Management Service Foundation
Author Information : Financial Management Service Foundation
Published Date : 12-03-2026
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Financial Management Service Foundation

About Author

Founded in 1994, the Financial Management Service Foundation (FMSF) is a pioneering development organization committed to promoting financial accountability within the voluntary sector. Since its inception, FMSF has been dedicating its efforts to enhancing the capacities of Non-Profit Organizations (NPOs) in the areas of Financial Management, Governance, and Legal Compliance. To enhance accountable practices in the voluntary sector, FMSF serves as a vital resource hub for NPOs. FMSF engages with various development actors to raise awareness and provide support through training, workshops, seminars, advisory services, publications, and web-based outreach. By continually evolving, adapting, and offering expert guidance, FMSF plays a crucial role in strengthening the voluntary sector and contributing to positive social impact.

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