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When honorarium is paid to an employee, such as mayors, chairpersons, and local clubs and societies, it is not subject to withholding tax but is subject to income tax. [17] However, if the payment was not made to the above-mentioned category of people, it is subject to withholding tax rate between 33c to 48c.
This article describes the various laws related to non profit organisations in India. A non profit organisation can be registered in India as a Society, under the Registrar of Societies or as a Trust, by making a Trust deed, or as a Section 8 Company, under the Companies Act, 2013. [1]
This is the reason why a for-profit organization is not exempted any tax. Subsequently, at times running a not-for-profit corporation can be more difficult. Although both for and not-for-profit need a good decision making body however the aspect of serving the public puts an extra responsibility on the members of the board. [9]
21 Lessons for the 21st Century is a book written by Israeli author Yuval Noah Harari and published in August 2018 by Spiegel & Grau [1] in the US and by Jonathan Cape [2] in the UK. It is dedicated to the author's husband, Itzik. The book consists of five parts, each containing four or five essays.
PT Hanjaya Mandala Sampoerna Tbk, commonly known as Sampoerna (Indonesian pronunciation: [ˈsampuɾna]), sometimes stylised as SAMPŒRNA is an Indonesian tobacco company owned by Philip Morris International.