Religious institutions- Promoting Social Drive from Religious institutions
गरीबो और जरुरत मंदो की मदद ईश्वर की सच्ची आराधना है।Promoting Social Responsibility of all religious (Hindu/ Muslim/ Christian/ Sikh……) in India
To make more accountable all religious places.
1. All religious places should compulsorily utilize/consume 70% of the donated funds within next 1 financial year. If unused funds still remain, they must be utilized 100% on social responsibilities (Like Making schools, Libraries, Hospitals, Rehabilitation, Scholarships for the needy etc. )
2. All religious places should have a bank account and all the money donated should be deposited in a bank account on daily / weekly bases to increase accountability.
3. All religious places should have clear social responsibility. They must spend at least 20 to 30 % of funds collected in the last financial year on social responsibilities.
4. All religious Places should be maintained by a trust and minimum 7 members should be there in the trust.
5. All religious places should run small medical support activity to help poor, like a Charitable homeopathic clinic, Charitable ayurvedic clinic, Every week visit of some specialist doctor—eyes, ears, bones etc.
6. All financial transactions for any of the above activities must be in the form of account transfers only.
7. Maintaining and declare financial account on web-based sites like Wikipedia etc.
Social Drive like
1. Every week visit of some specialist doctor—eyes, ears, bones….,
2. Small medical support activity to help poor
3. Charitable homeopathic clinic
4. Charitable ayurvedic clinic
5. Support Contribution in poor girls marriage (Rs. 50000/- per marriage)
6. Scholarship to engineering, Medical students (Rs. 25000/- to Rs. 50000/- each Student per year)
7. Scholarship for school going student (Rs. 500/- Per month)
8. Scholarship for an intelligent student – Rs. 50000/- one-time Scholarship)
9. Adopting a government school and contribute in school Infrastructure development support. (10 lakhs per school).
10. Free book library development for students in schools, colleges, professional institutes like engineering, medical, CA, Law etc.
11. Social responsibility towards the senior citizen, support help 2000/- per month/per person) directly bank transfer provision thru NEFT.
12. Food camp/cloth for religious concept should be adopted daily (learn from any Gurudwara..)
13. Promoting people for shramdan / voluntary support for such social activities.
Benefits:
1. Accountability increases due to link with banks.
2. Proper utilization of dead funds in social development.
3. Reduces scope of misuse of such funds for illegal activities like terror activities.
4. Poor and intelligent student get support and opportunity to study.
5. Healthy environment will develop due to this social drive.
2. Proper utilization of dead funds in social development.
3. Reduces scope of misuse of such funds for illegal activities like terror activities.
4. Poor and intelligent student get support and opportunity to study.
5. Healthy environment will develop due to this social drive.
Few challenges
Special Rules Limiting IRS Authority to Audit a Church
Congress has imposed special limitations, found in section 7611 of the Internal Revenue Code, on how and when the IRS may conduct civil tax inquiries and examinations of churches. The IRS may begin a church tax inquiry only if an appropriate high-level Treasury official reasonably believes, on the basis of facts and circumstances recorded in writing, that an organization claiming to be a church or convention or association of churches may not qualify for exemption, may be carrying on an unrelated trade or business (within the meaning of IRC § 513), may otherwise be engaged in taxable activities or may have entered into an IRC § 4958 excess benefit transaction with a disqualified person.
Are there any special rules for churches?
With limited exceptions, churches are subject to the same general requirements relating to group rulings as other organizations. However, churches are not required to file annual updates notifying the IRS of changes in the composition of the group.
Facts and supporting
Exemption Requirements - 501(c)(3) Organizations
To be tax-exempt under section 501(c)(3) of the Internal Revenue Code, an organization must be organized and operated exclusively for exempt purposes set forth in section 501(c)(3), and none of its earnings may inure to any private shareholder or individual. In addition, it may not be an action organization, i.e., it may not attempt to influence legislation as a substantial part of its activities and it may not participate in any campaign activity for or against political candidates.
Corruption ख़त्म की शानदार शुरुआत no more blackmailing by the income tax department
आइये कुछ Constructive करते है।
No more direct Income tax by CBDT income tax department
Any individual, company, trust, political party, shareholder, the property dealer, religious Institution, the Government body, shopkeeper, rented income person will have to compulsorily utilize/consume 70% of the funds earn/received within next 1 financial year. they can save 30% of earn fund for future. If unused funds still remain flat 5% tax on the fund need to apply.
India #acchedin
Observation and current challenges:
Currently, only salary persons paying taxes.
middle-class salary person suffering from heavy taxes.
companies, Businessman, Political parties, shareholders, rented income person not paying proper taxes and adopting unfair practices to save taxes and this money goes into black money market.
Benefits of New System:
- By the implementation of the new system, 100% public will pay the tax and come into this zone.
- The tax system will be simplified
- black money reduce
- Market boost due to liquidity in the system.
- No more dead fund.
- terror funding will stopped due to transperency in system.
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