Release From Sri Sathya Sai Central Trust…
Tuesday, February 26th, 2019
Exemption for donations, to Sri Sathya Sai Central Trust for the purposes of Medical Relief which gives 100% tax exemption u/s 80GGA (2) (bb) of the Income Tax Act 1961, will expire on 31st March, 2019. Donations for Medical Relief will be exempt u/s 80G (5) (vi) of the Income Tax Act 1961, subject to the applicable limits, w.e.f. 01st April, 2019.
However, 100% tax exemption will continue to be available for donations to Sri Sathya Sai Institute of Higher Learning under Section 80G(2)(a)(iiif) of the Income Tax Act 1961
GSRCV Prasada Rao
Member Secretary
Sri Sathya Sai Central Trust
II Samastha Lokah Sukhino Bhavantu II
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