their donors the ability to avail of a tax deduction on donations. In respect of such donations, the benefit will be admissible u/s 80(G) of the Income Tax Act, 1961 on the. The government encourages people to donate to charities by providing deduction under Section 80G of the Income Tax. Under Section 12AA of India Income Tax Act. We have been investing in a future where every person gets equal opportunities, with your donations for NGO, we could take one step closer to achieving this objective. Donations and PM CARES Fund related FAQs. If you are someone like this, please donate to NGO like us so that we can make a difference in the lives of children at the grassroots level.īecause when you donate for childrens, you are not only making a difference in their lives, but you are also investing in the future of the community. Donate u/s 80G Donations to HELPFUL FOUNDATION Fund would qualify for 80G benefits for 50 exemption under the Income Tax Act, 1961. Whether you are looking to make a one-off donation or a monthly contribution, we embrace transparency in all transactions.Īnd when you donate with us, you get an 80G tax exemption in India and 501(c)3 in the USA for your contribution.Īt Bhumi, we frequently come into contact with numerous people who want to be a part of our work but don’t have the time. Donations can be made in the form of a check, a draught, or currency however, cash donations exceeding Rs 10,000. Except for those who have an income (or loss) from a company or occupation, all assessments are eligible for this deduction.

But, we can sustain our work only if people like you can support us regularly. Donations to science study or agricultural development may be deducted under Section 80GGA.

those made to prescribed funds and institutions. Tax benefits can be claimed only on specific donations i.e. For over 14 years, we have been investing in a future where every person gets equal opportunities, regardless of where they come from. Only donation made to prescribed funds and institutions qualify for section 80G deduction All donations are not eligible for tax benefits. Amount of Donation The various donations specified in section 80G are eligible for deduction up to either 100 or 50 with or without restriction as provided in section 80G.

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