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<h1>National Foundation for Teachers Welfare Gains Tax Exempt Status Under Section 10(23C)(iv) of the Income-tax Act</h1> The Central Government, exercising its authority under clause (iv) of sub-section (23C) of section 10 of the Income-tax Act, 1961, has officially recognized the National Foundation for Teachers Welfare, New Delhi, for tax exemption purposes. This notification, identified as S.O.3466 and dated August 11, 1977, applies from the assessment year 1976-77 onward.