Income of trusts from yoga-related activities will now not be subject to service tax. Thus, attendees of yoga camps or classes conducted by charitable trusts will not have to pay service tax of 14 per cent. This could boost yoga promotion activities across the country.
- Yoga activities carried on by private institutions will not benefit directly from this service tax amendment, which is specific to charitable trusts.
- The Central Board of Excise and Customs (CBEC) has in a notification specifically added yoga as one of the activities in the definition of ‘charitable activities’. Prior to this amendment, charitable activities were confined to activities related to the advance of religion or spirituality.
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