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of <h1>Central Government approves section 80G(2)(b) tax benefits for Bhuleshwar temple renovation donations, capped at Rs 50 crore</h1> The Central Government, exercising powers under section 80G(2)(b) of the Income-tax Act, 1961, notifies a specified temple at Bhuleshwar, Mumbai, managed by a designated trust in Maharashtra, as a place of historic importance and public worship of renown across Maharashtra and Gujarat. This notification grants approval for tax benefit purposes limited to donations for renovation or repair of the temple, up to a cap of Rs. 50 crore. The approval remains effective until the collection of this amount or 31.03.2030, whichever is earlier.
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