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Corrigendum
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Naveen said:
><< The state has strictly no
> business in dabbling in religious activity. Instead, religious bodies
> registered
> under a suitable law and which disclose their accounts publicly, including
> all
> donations, would be provided income tax exemption on their donations,
> just like the exemption provided to many other organizations. >>
>
> I'm not quite sure what you're proposing?! Income tax exemption on
their
>donations? Let me ignorantly assume a few things, and kindly tell me if I
>have it right. You are going to tax all religious institutions? but you
will
>give tax exemptions for the charity work they do?
Grammatical error. New draft below will perhaps be more clear:
"religious bodies registered under a suitable law and which disclose
their accounts publicly, including all donations, would be able to provide
income tax exemption to donors, just like the exemption provided by many
other social organizations."
Today, almost donations to religious bodies are through black money; no
accounts are kept in most organizations anyway. These are thus, very often,
"black holes" or funnels for the corrupt to go to heaven.
I want total transparency in these bodies as with other social
organizations and if that happens, the donors would get income tax
exemption under S.88G or some such thing (as you get thro' contributions to
IPI).
hope that helps.
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