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5 février 2012

New appeal from NPO sector in India

VANI – Voluntary Action Network India

The Draft Direct Tax Code Bill 2009 was released by the Ministry of Finance in India on 12th August 2009 for public comments. Obviously the spirit behind this draft seems to be made so that the benefit accrued through taxation reaches to the last person on the fringes and the marganalised. But unfortunately from time and again, the government keeps ignoring the contribution of the voluntary sector in supporting it reach the marginalised section in the society. On one hand the government announces the National Policy on the Voluntary Sector and on the other imposes tax restrictions.

The voluntary sector is extremely apprehensive about several listing of changes proposed in the new Direct Taxes Code 2009 which appear to lead to several adverse implications for it and which will undermine its financial sustainability and management. The passage of this Code will make them extremely vulnerable to administrative arm twisting and unwarranted interference in management which will impact independence of the sector and put in peril, a lot of good work.

VANI appeals for support in ensuring that the concerns of the sector are fairly addressed in this Bill, which otherwise is unlikely to achieve its goals if it creates crippling difficulties for non-profit organisations.

To read the Appeal for Action from VANI online, click here


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