Amendment status not verified — confirm the current text below against the official source.
(1) (a) The Commissioner shall create out of the payments made by the charitable and religious institutions and endowments and by any institution or person,- (i) in respect of Hindu charitable institutions and religious institutions and endowments, a fund to be called the 70Telangana Hindu Charitable and Religious Institutions and Endowments Common Good Fund; and (ii) in respect of other charitable institutions and endowments, a fund to be called the 70Telangana Charitable Institutions and Endowments Common Good Fund. (b) The Common Good Fund created under item (i) of clause (a) shall be utilized for the following purposes, namely:— 71[(i) Dhoopa Deepa Naivedhyam which encompasses renovation, preservation, maintenance, donation and offerings to Hindu Religious Institutions or Endowments, including payment of remuneration to Archakas of Hindu Religious Institutions which are in needy circumstances, and promotion and propagation of purpose and objects connected therewith: Provided that the amount to be utilized for the above purpose shall not be less than twenty five per centum of the receipts to the said fund during the preceding year;] (ii) establishment and maintenance of veda- pathasalas and schools for the training in archakathwam, adhyapakathwam, veda-parayanikatwam, silpam, vaidyam or like services: