Benefits Of 80g Certificate
February 14, 2023 ⚊ 1 Min read ⚊ Views 85 ⚊ FINANCE
An 80g certificate is a document that confirms that an organization or charity is registered under the income tax act and has been approved by the government to receive donations from individuals or organizations. It allows donors to claim deductions against their taxable income when they make donations to these organizations or charities. There are several benefits associated with having this certificate. Firstly, it provides assurance to donors that their contributions will be utilized for the purpose intended, as all activities of organizations and charities possessing such certification must comply with the rules of the income tax act.
Read details: https://www.taxexemption.in/80g.html
Tags: 80G, 80g income tax, Section 80G
