Persons, entity or funds not liable to income-tax

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....ablished under section 4 of the Agricultural and Processed Food Products Export Development Authority Act, 1985. 7. The Spices Board constituted under sub-section (1) of section 3 of the Spices Board Act, 1986. 8. The Coir Board established under section 4 of the Coir Industry Act,1953. 9. The Prime Minister's National Relief Fund. 10. The Prime Minister's Fund (Promotion of Folk Art). 11. The Prime Minister's Aid to Students Fund. 12. The National Foundation for Communal Harmony. 13. The Insurance Regulatory and Development Authority. 14. A Mutual Fund registered under the Securities and Exchange Board of India Act, 1992. 15. Any Provident Fund to which the Provident Funds Act, 1925 applies. 16. New Pension System Trust. 17. Any....

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..... Any co-operative society formed for promoting the interests of the members of the Scheduled Castes or the Scheduled Tribes or both if — (a) the membership of the co-operative society consists of only other cooperative societies formed for similar purposes; and (b) the finances of the society are provided by the Government and such other societies. 27. Panchayat as referred to in clause (d) of article 243 of the Constitution. 28. Municipality as referred to in clause (e) of article 243P of the Constitution. 29. Municipal Committee and District Board, legally entitled to, or entrusted by the Government with the control or management of a Municipal or local fund. 30. Cantonment Board as defined in section 3 of the Cantonments Act, ....