CBDT notifies scheme for registration of trusts, charitable institutions

CBDT notifies scheme for registration of trusts, charitable institutions

The Central Board of Direct Taxes has notified a scheme for registration and re-registration of trusts, religious and charitable institutions which will come into effect from April 1, 2021. Amendments have been made to income tax rules through a notification issued Saturday. The Board has specified forms that applicants would have to use for registration … Read more

Coronavirus, Hurting Jobs and Loans, Has Indians Selling the Family Gold

Coronavirus, Hurting Jobs and Loans, Has Indians Selling the Family Gold

NEW DELHI—Investors across the globe are hoarding gold in the Covid-19 pandemic. In normally gold-obsessed India, there’s a glut, as struggling families stop buying and start hocking jewelry. International investors have lifted the price of gold to all-time highs this year, trying to get their hands on more gold coins, bars and exchange-traded funds. Many … Read more