Congress' revenge? Baba's trust loses charitable status, asked to pay 58 Crores of tax
This could be a big blow to the man who has established the
light of Yog and Ayurved in India and abroad. Baba Ramdev's trusts
have been reclassified from charitable to commercial and after a
special audit made by the Income Tax department, have been asked to
pay Rs. 58 Crore of Income Tax on the income of Rs. 120 Crore from
the sale of Ayurvedic medicines during the year 2009-10.
हिंदी में पढ़ें : बाबा रामदेव के ट्रस्ट का धर्मार्थ दर्जा समाप्त, १२०
करोड़ की आमदनी पर ५८ करोड़ टैक्स भरने का आदेश
It is not clear however, if this step has been driven by the
Congress' fury against Baba Ramdev or the pharma MNCs who were
getting scared of Baba's growing Ayurved empire, have poured in
some money to get Baba annihilated. All 3, Patanjali Yog Peeth,
Divya Yog Mandir Trust and Bharat Swabhiman Trust have been now
categorized as commercial organisations.
Baba Ramdev's spokesman Mr. Tijarawala has said that the trusts
will appeal to the IT commissioner against this decision.
The sources have also revealed that the ED enquiry initiated
against Baba Ramdev is also likely to get a boost from this
development. The IT office is set to deduct TDS on this year's
income of Baba's trusts. Even the case of FEMA violation involving
Rs. 7 Crores in being probed. Here, it's noteworthy that the total
assets of the above mentioned trusts in Rs. 425 Crores only, and
the tax of 58 Crore has been imposed against the income of just one
year.
Baba's supporters are aghast at this. They've unequivocally termed
this as another abysmally base act of Congress regime aimed to
trouble Baba before his 3 June's massive rally.
Share Your View via Facebook
top trend
-
BBC should apologise for insulting and abusing India
BBC's program has clever & indirect Racist Overtones. We, as Indians respect humour, We respect people who ca.. -
Pawar calls UPA-II weak, praises Modi
NCP chief and Union Agriculture Minister Sharad Pawar has said that a series of scandals have weakened the authority of th..
-
Secularism as it's meant to be - Madhu Trehan shows the way
We live in times where praising Narendra Modi at once makes you ‘communal’ and calling him names automatical..
-
India remembers Brig Rajinder Singh for his sacrifice
Jammu/Srinagar, June 14 : India celebrates today (14th June 2012) the 113th the birth anniversary of a son of the soil &..
-
Champions of 'Freedom of Expression' stand to get exposed as Salman Rushdie plans arrival to India
It could not have come for a worse time than this. Yesterday, India celebrated 'Pravasi Bhartiya Diwas' that is ..
what next
-
-
"Coal allocations since 1993 are arbitrary and illegal", Says Supreme Court
-
Palestine, 6 billion people and second hand opinions
-
Malegaon 2006 vs. Malegaon 2008 - Blast Politics
-
Who will investigate Chidambaram & Co for the Dabhol Loot?
-
Narendra Modi prepares to climb the ramparts of the Red Fort
-
The Great Jindal Swindle
-
AAP's insidious anti-Hindu agenda
-
Nagma - Sonia Gandhi's Star Soldier
-
Aam Aadmi Party : Anti-Modi stalking horse
-
What in God's name is Teesta Setalvad's agenda?
-
-
-
Time to rethink : Saffron surge and the secular debacle - Sri Sri Ravi Shankar
-
India's Wishlist for Prime Minister Narendra Modi
-
My first meeting with Narendra Modi - Sri Sri Ravi Shankar
-
Telangana - Divide and Rule?
-
Myths vs Facts about RSS
-
The Two States: Telangana and Seemandhra
-
Answering Media on Questions to Narendra Modi, but will they venture into responding these queries?
-
#AAPCon : Dilli ke log ban gaye Mamu
-
Secularism is just synonymous with Sanatan Dharm
-
Beware of the Hoax called Aam Aadmi Party
-
Comments (Leave a Reply)