Charitable trust

A charitable trust is an irrevocable trust established for charitable purposes, and is a more specific term than "charitable organization".

India

In India, trusts set up for the social causes and approved by the Income Tax Department, get not only exemption from payment of tax but also the donors to such trusts can deduct the amount of donation to the trust from their taxable income. The legal framework in India recognizes activities including "relief of the poor, education, medical relief, preserving monuments and environment and the advancement of any other object of general public utility" as charitable purposes. Companies formed under Section 8 of the Companies Act, 2013 for promoting charity also receive benefits under law including exemption from various procedural provisions of the Companies Act, either fully or in part, and are also entitled to such other exemptions that the Central Government may accord through its orders.

Iran

In the Islamic Republic of Iran religious charitable trusts, or Bonyads, make up a substantial part of the country's economy, controlling an estimated 20% of Iran's GDP. Unlike some other Muslim-majority countries, the bonyads receive large and controversial subsidies from the Iranian government.

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This page contains text from Wikipedia, the Free Encyclopedia - https://wn.com/Charitable_trust

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Pity For A Dime

by: Creed

An artificial season
Covered by summer rain
Losing all my reason
Cause there's nothing left to blame
Shadows paint the sidewalk
A living picture in a frame
See the sea of people
All their faces look the same
So I sat down for awhile
Forcing a smile
In a state of self-denial
Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime
Yeah, Just one dime
Plain talk can be the easy way
Signs of losing my faith
Losing my faith
Plain talk can be the easy way
Signs of losing my faith
Losing my faith
So I sat down for awhile
Yeah, Forcing a smile
In a state of self-denial
Yeah, Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime
Yeah, Just one dime
So I sat down for awhile
Yeah, Forcing a smile
In a state of self-denial
Yeah, Is it worthwhile
Sell my pity for a dime
Yeah, Just one dime
Sell my pity for a dime




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