Government Grants to Trusts Not Taxed as Income Since April 2017: Key Change in Tax Law. https://www.taxtmi.com/highlights?id=27546 Subsidy or grant by the Central Government for the purpose of the corpus of a trust or institution established by the Central Government or a State Government, as the case may be, shall also not form part of income w.e.f. 1.4.2017 en-us Mon, 29 Feb 2016 22:09:10 +0530 Mon, 29 Feb 2016 22:09:10 +0530 TaxTMI RSS Generator Government Grants to Trusts Not Taxed as Income Since April 2017: Key Change in Tax Law. https://www.taxtmi.com/highlights?id=27546 Subsidy or grant by the Central Government for the purpose of the corpus of a trust or institution established by the Central Government or a State Government, as the case may be, shall also not form part of income w.e.f. 1.4.2017 Highlights Bill Mon, 29 Feb 2016 22:09:10 +0530 https://www.taxtmi.com/highlights?id=27546