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Certification for 12A and 80G under Income Tax Department
समुत्कर्ष NGO is now finally certified with 12A and 80G under Income tax department.
80G Certificate: This certificate is issued to donors of charitable institutions. It allows them to claim a deduction for donations made to specified charitable institutions, which can be either 50% or 100% of the donated amount.
12A Certificate: This certificate is issued to charitable organizations and NGOs (Non-Governmental Organizations) to avail of exemptions from paying income tax on their surplus income. It grants them tax-exempt status, provided they apply the income towards their charitable objectives.
Samutkarsh provides facility to NGO donors to avail tax exemption on grants.
Thanks!
amutkars
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