Boost Donations and Save Tax: Why 12A and 80G Registration Matters for NGOs"
Running an NGO is not just about doing good work. It's also about following the right legal steps. If you want to save tax and raise more donations, you must know about 12A and 80G registration . These registrations help NGOs get tax exemption and offer benefits to donors too. Let’s break it down in simple terms. What Is 12A Registration? 12A and 80G Registration NGO experts get exemption from paying income tax. If your NGO earns any income, it’s usually taxable. But with 12A, your income is not taxed. You can use more funds for your cause. Only NGOs registered under section 8 company registration , a trust, or a society can apply. Without 12A, your NGO income is treated like normal business income. That means you pay tax like any other business. What Is 80G Registration? 80G is for your donors. If you have 80G registration, your donors get tax benefits. They can claim a deduction when they file income tax. This encourages more people to donate. It shows ...