One such income is the interest on post office savings accounts. Under the new regime, taxpayers can claim a tax exemption of up to ₹3,500 on a single account and up to ₹7,000 on a joint ...

New data released by the city reveals tax-exempt colleges and hospitals leaned heavily into community benefits credits but left $30 million in cash on the table for Boston’s PILOT program last ...

So it goes for Harvard University, which dared to oppose his policy demands in return for federal funds and now could lose its tax exemption. But this may not be as easy as the President thinks.

The White House is not drafting or considering an order targeting nonprofit organizations’ tax-exempt status, a White House official said Tuesday. The comments come after rumors swirled in ...

Financial whistleblower Michael Lissack is publishing a new 73-page book calling for the elimination of tax-exempt municipal bonds. "The muni tax exemption is a giant wrong," said Lissack.

Last week, reports surfaced that the Trump administration was directing the Internal Revenue Service to revoke Harvard’s tax-exempt status under Section 501(c)(3) of the Internal Revenue Code. This ...

President Trump has threatened to revoke Havard’s tax-exempt status — and suggested that other charities have “abused” their status. After President Trump claimed last week that many nonprofits have ...

But many observers of philanthropic endeavors will quibble with his suggestion that the Internal Revenue Service remain passive in the face of similar discriminatory policies by other tax-exempt ...

On Tuesday, he targeted Harvard University in a post on his social media site, questioning whether it should remain tax-exempt “if it keeps pushing political, ideological, and terrorist ...

On Tuesday, he targeted Harvard University in a post on his social media site, questioning whether it should remain tax-exempt “if it keeps pushing political, ideological, and terrorist inspired ...