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Section 14: Annual Contributions Payable by the Trust or endowment to the Board

The Tamil Nadu Vanniyakula Kshatriya Public Charitable Trusts and Endowments (Protection and Maintenance) Rules, 2019.State Rules of Tamil Nadu · 2018

(1) The trustee or the administrator of every trust or endowment which has more than Rupees ten thousand as net annual income shall pay annually to the Board, six percent of net annual income of the trust or endowment, as per section 66 of the Act along with the statement of calculation to the Board.

(2) The annual contribution of a trust or an endowment shall be paid on or before the last day of the month of February in every year and for any reason if the annual contribution is not paid within the stipulated time, it shall be paid on or before 31st March with an explanation for the delay.

Where this provision sits

ActThe Tamil Nadu Vanniyakula Kshatriya Public Charitable Trusts and Endowments (Protection and Maintenance) Rules, 2019.
Section14
Marginal noteAnnual Contributions Payable by the Trust or endowment to the Board
JurisdictionState of Tamil Nadu
StatusIn force as published by the source

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