"I am a finance professional with over 30 years+ of experience in Accounts and Taxation, including 20 years of specialized experience in the Not-for-Profit sector. I have extensive knowledge of taxation and regulatory compliance relating to Section 8 companies and charitable trusts. I have been working closely with charitable organizations on financial governance and statutory compliance. My work focuses on strengthening financial systems and regulatory adherence in the not-for-profit sector."
The issue addressed is fragmented and complex compliance for NPOs under earlier law. The new Act consolidates provisions and introduces stricter object-based scrutiny at registration.