Why Does The Financial Times Care That An Indian Think Tank Is No Longer Tax-Exempt?

Screenshot from Wikipedia.

The UK’s Financial Times (FT) is attempting to artificially manufacture a scandal after complaining in an article on Sunday about the removal of an Indian think tank’s tax-exempt status last month. The “Centre for Policy Research” (CPR) was one of several organizations last September that were audited by income tax officials, after which its license to raise money abroad was suspended in February. Prior to then, the FT revealed that the CPR received a whopping 75% of its funds from foreign sources.

Why Does The Financial Times Care That An Indian Think Tank Is No Longer Tax-Exempt?