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<h1>National Foundation for Teachers' Welfare Gains Tax Exemption for 1985-90 under Section 10(23C) of Income-tax Act, 1961.</h1> The Central Government has issued a notification under sub-clause (iv) of clause (23C) of section 10 of the Income-tax Act, 1961, recognizing The National Foundation for Teachers' Welfare, New Delhi. This notification, dated March 29, 1994, applies to the assessment years 1985-86 to 1989-90, granting the foundation specific tax exemptions as per the mentioned section of the Act.