TAX EXEMPT STATUS & OTHER APPROVALS
The Kailash Goyal Foundation was granted tax-exempt status by the IRS under Section 501(c) (3) of the internal revenue code. All contributions are tax deductible under section 170 of the code. J.K. Shanti Charitable Society has been granted tax exempt status under section 80G (5) (vi)/12A of the Income Tax Act-1961 by The Haryana Income Tax Department. All Donations made to the Society are Tax Deductible. Ministry of Home Affairs, New Delhi has granted permanent Registration No. 172350011 to receive foreign funds. These funds are being deposited in an account exclusively dedicated to foreign funds and intimation of income and expenses is given to the Ministry per applicable rules and regulations. "