Posts

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 ...

Section 8 Company Registration: A Guide to Trust and Society Registration

  What is Section 8 Company Registration? Section 8 Company registration refers to the incorporation of a company with the primary goal of promoting social welfare, charity, education, or any other public interest activity. These companies do not operate for profit and must reinvest their earnings into their objectives. If you are looking to start a non-profit organization in India, a Section 8 Company is an ideal option for you. The process involves compliance with the rules specified under the Companies Act, 2013. Trust Registration: A Step Toward Social Impact Trust registration is another effective way to establish a non-profit entity. It is usually governed by the Indian Trusts Act, 1882. A trust can be formed for various purposes such as religious, charitable, or educational. The primary difference between a trust and a Section 8 Company is that a trust is managed by trustees, while a Section 8 company registration has a board of directors. The registration process for trust...