Donations to Baba Ramdev’s Patanjali research trust get tax exemption for five years

The Income Tax Department has extended tax deductions on donations to yoga guru Baba Ramdev’s Patanjali Research Foundation Trust for five years.

The Patanjali Group, which is among the fastest growing consumer goods companies in the country, sells products ranging from herbal products like immunity boosters and toothpaste to instant noodles, detergent and toilet cleaner.

Following the notification, Baba Ramdev took to microblogging site Twitter to declare that Patanjali will be bigger than multinational Uniliver in the FMCG space by 2025. He also said Patanjali will be the biggest in natural and evidence-based medicine.