Budget 2012 – Income of Prasar Bharati To Be Exempt From Tax

Finance Bill, 2012 -  No provision was proposed in Finance Bill, 2012 to exempt the income of Prasar Bharati

Finance Bill, 2012 as passed by Lok Sabha –
A new clause (23BBH) shall be inserted in Section 10 to exempt the income.

Budget 2012 – Prasar Bharati exempted from Income tax

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One Comment on “Budget 2012 – Income of Prasar Bharati To Be Exempt From Tax”

  • Nisban wrote on 15 May, 2012, 9:52

    This is a most ill-advised step, considering the den of corruption it has known to be. At least a screening by the IT Deptt under the IT Act would ensure about the state of its accounts.

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