Who is real owner of Patanjali?
Who is real owner of Patanjali?
Acharya Balkrishna derives his fortune from consumer goods giant Patanjali Ayurved. Balkrishna owns the bulk of the privately held company, which he cofounded with politically well-connected yoga guru Baba Ramdev.
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Does Patanjali pay taxes?
The ITAT in its order also referred to the 2006 amendment in the I-T Act which specifically inserted `yoga’ within the definition of `charitable purpose’. The Income-tax Appellate Tribunal (ITAT) has given tax exempt status to Baba Ramdev’s Patanjali Yogpeeth (a public charitable trust).
What is Baba Ramdev net worth?
His father has overseen some activities at Patanjali Ayurved. His younger brother Ram Bharat has been described as the company’s de facto CEO. Ramdev declared net worth of his personal assets at around “₹1,100 crore” in 2013.