Kargil, Sept 04: In a groundbreaking initiative, the Income Tax Department organized its first-ever Taxpayer Outreach and Education Programme in Kargil, Ladakh, on September 4, 2024. This historic event aimed to raise awareness about the exemption provisions of the Income Tax Act, specifically benefiting Scheduled Tribes, trusts, societies, non-governmental organizations (NGOs), charitable hospitals, and educational institutions in the region.
The seminar, which saw enthusiastic participation from local trusts, NGOs, and representatives of charitable hospitals and educational institutions, was lauded as a significant step toward enhancing financial literacy among charitable organizations in Kargil.
Under the leadership of Smt. Jaishree Sharma, Commissioner of Income Tax (Exemptions), key officials including Sh. Manav Bansal, Additional Commissioner of Income Tax (Exemptions Range-1), Sh. Anirudh, Deputy Commissioner of Income Tax (Exemptions, Circle-1), Chandigarh, and Sh. Vikas Sharma, Income Tax Officer (Exemptions), Jammu Ward, addressed the gathering.
During the interactive session, the speakers provided detailed insights into the various tax exemptions available under the Income Tax Act of 1961 for trusts, societies, and NGOs. They highlighted the registration provisions and discussed the latest amendments to tax laws, ensuring that participants were well-informed about the opportunities to benefit from these exemptions.
The event was marked by an open and engaging dialogue, with officials addressing the queries and concerns of the participants regarding income tax provisions. The attendees praised the department for organizing such an informative and impactful program, expressing their appreciation for the effort to empower charitable organizations with the knowledge necessary to better serve their communities.
This initiative by the Income Tax Department is seen as a significant milestone in the region, contributing to the financial education of organizations that play a crucial role in the socio-economic development of Ladakh. The success of the program underscores the importance of continued outreach and education efforts to ensure that all eligible entities are aware of and can take advantage of the tax benefits available to them.
