80g registration

Last seen: 6 months ago

Being the holder of both 80g and 12a approvals can help ngos and other charitable organizations gain a lot of legal benefits in India. Under 12a registration the organization can have its entire income tax exempted, implying that a higher amount can be invested in its aims. 80g status, on the other hand, will entitle the donors to income tax deductions on the contributions made to this organization which in turn promotes additional donations. Such certifications are not only a source of legality but also increase transparency, believability and trust amongst the actors, increasing long-term sustainability and expansion.