Haridwar: 5 years’ tax exemption to Patanjali trust sparks debate

The Central Board of Direct Taxes (CBDT) has granted a 5-year tax exemption on donations made to yoga guru Ramdev’s Patanjali Research Foundation Trust. According to the notification issued on Monday, businesses or individuals that make donations to the trust in the period between financial year (FY) 2021-22 to 2026-27 can claim tax deduction on their donations.