Tax relief for anonymous NPO donations

A Parliamentary panel, headed by BJP leader Baijayant Panda, has favored continuing tax exemption on anonymous donations made to religious-cum-charitable trusts in the new Income Tax Bill, saying any removal would have an adverse impact on not-for-profit organisations.

- PRESS TRUST OF INDIA

The 31-member Select Committee of the Lok Sabha that examined the new Income Tax Bill, 2025, also suggested allowing taxpayers to claim TDS refund even after the ITR filing due date without paying any penal charges. The Committee has recommended changes in the Income Tax Bill, 2025, which will replace the six-decade-old Income Tax Act, 1961.