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of <h1>Central Government Recognizes Population Foundation of India for Tax Exemption Under Section 10(23C)(iv) for 2002-2005</h1> The Central Government has notified the 'Population Foundation of India, New Delhi' under clause (23C)(iv) of section 10 of the Income-tax Act, 1961, applicable for assessment years 2002-2003 to 2004-2005. Conditions include that the organization must apply its income exclusively to its established objectives, invest funds only in specified modes, and maintain separate accounts for any incidental business. It must also file regular income tax returns and, upon dissolution, transfer any surplus to a similar charitable organization.
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