Charitable trust budget 2020 – In Budget 2020, a lot of changes have been made in the Income Tax Act regarding trusts and NGOs, including provisions related to the renewal of registration of trusts or NGOs. The provisions related to the applicability of registration or renewal of trusts of Budget 2020 will now be applicable to all new and old trusts and NGOs with effect from 1st April 2021 due to further extension due to corona virus. According to these changes, all the prescribed registered institutions will now have to re-register from April 1, 2021 and if the re-registration is not done, then these institutions will have to pay tax on their income and property . In today's article (charitable trust budget 2020), we will discuss about the amendments made in the Income Tax Act regarding trust and other institutions in the budget 2020 . On which institutions will the changes of Budget 2020 be applicable and what is the current and new income tax law in relation to them? (charitable...