Standards & Norms

Budget 2025
Volume 17 - Issue 11
February 2025

10 Year Registration for Smaller NPOs

Smaller trusts or institutions with income not exceeding ?5 crores (excluding exemptions under Sections 11 & 12) may now benefit from a 10-year registration period under Section 12AB, instead of the current 5 years. However, does the existing Trust or institutions  benefit out of the amendment or is it only applicable for new applications? 

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