§ 334
Chapter XVII — Special Provisions Relating To Certain Persons
Tax on income of registered non-profit organisation
Income-tax Act, 2025
✍️ A plain-language summary of this section is being prepared. Below is the official text.
📜 Official text
334. (1) The income-tax payable by a registered non-profit organisation on
its total income for any tax year shall be the aggregate of the amounts
calculated—
( a) at the rate of 30% on specified income for such tax year; and
( b) at the rate applicable on taxable regular income and any residual income
for such tax year under other provisions of this Act.
(2) The provisions of this Chapter shall apply irrespective of anything to the contrary
contained in any other provision of this Act other than sections 96 to 98.
Regular income.
Plain-language summary — not the official text. Refer to the bare Act and confirm with a professional for your specific case.