Income-tax exemption for charitable fund confirmed, subject to conditions on application, investment, business and dissolution. The Central Government notified the Railway Ministers's Welfare & Relief Fund, New Delhi as eligible under clause (23C)(iv) of section 10 of the Income-tax Act for assessment years 1998-99 to 2000-2001, subject to conditions: income must be applied or accumulated solely for the fund's objects; investments are limited to modes permitted by the Act (excluding certain voluntary contributions held as goods); business income is excluded unless incidental and separately accounted; regular filing of returns is required; and on dissolution surplus assets must transfer to a like charitable organization.