Section 58 of the Maharashtra Public Trusts Act, 1950: the annual contribution by public trusts to the Public Trusts Administration Fund and the exemptions
Every public trust pays the Fund annually "at a rate or rates not exceeding five per cent" of its gross annual income (for dharmada, of its gross annual collection or receipt), as may be notified from time to time by the State Government in the Official Gazette. The rate itself is not printed in...
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