It said that the NMCG, an authority constituted under the Environment (Protection) Act, 1986, will now enjoy income tax exemption starting from the assessment year 2024-25.
The exemption is subject to the condition that the NMCG continues to operate as an authority under the Environment (Protection) Act with one or more purposes outlined in sub-clause (a) of clause (46A) of the Income Tax Act.
These purposes typically include objectives such as the promotion of sustainable development, conservation of the environment, and advancement of public welfare.
The National Mission for Clean Ganga, under the Ministry of Jal Shakti, has projects spanning multiple states and include sewage treatment, river surface cleaning, afforestation, industrial effluent monitoring, and promoting public participation in Ganga conservation efforts. PTI UZM NSD NSD
