NPO Merger Rules Amended: New Section 354A to Exempt Accreted Income Tax from April 2026

Last updated: 07 February 2026

The Finance Bill, 2026 has proposed a significant amendment to the taxation framework governing mergers of non-profit organisations (NPOs), aiming to align the new NPO regime with the erstwhile provisions applicable under section 12AC of the Income-tax Act, 1961. Background: Existing Provision Unde

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