Trusts or societies receiving Govt. grants above Rs. 1 cr.

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Trusts or societies receiving Govt. grants above Rs. 1 cr. to be covered under ambit of Lokpal

SECTION 14 OF THE LOKPAL AND LOKAYUKTAS ACT, 2013 - INQUIRY - JURISDICTION IN RESPECT OF - NOTIFIED LIMIT UNDER SECTION 14(1)(g)

NOTIFICATION NO. SO 2155(E) [F.NO.407/02/2016-AVD-IV (LOKPAL) PT.I], DATED 20-6-2016

In exercise of the powers conferred by clause (g) of sub-section (1) of section 14 of the Lokpal and Lokayuktas Act, 2013 (1 of 2014) (hereafter in this notification referred to as the said Act), the Central Government hereby notifies the amount of annual income of society or association of persons or trust (whether registered under any law for the time being in force or not), by whatever name called, wholly or partly financed by the Government as referred to in clause (g) of sub-section (1) of section 14 of the said Act for being under the jurisdiction of Lokpal, shall be " one crore rupees".
2. For the purpose of this notification only the grants or financial assistance given by the Central Government may be taken into consideration for determining the annual income.

Source: taxmann

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