80g | 12a

We provide the following services to NGO’S:

1) Project reports – We prepare the project reports for central govt. schemes, foreign funding agencies & industries. if you want project reports, Please contact us.
 

To undertake and promote reinvestment of business profits in areas where massive capital input is required for socio-economic development, a tax incentive has been provided under 35AC, of the Income Tax Act allowing for full deduction of the entire amount paid by a taxpayer carrying on a business or profession for financing projects or schemes promoting social and economic welfare. The objective of the said provision is to encourage business organizations and wealthy individuals to contribute more in social and economic welfare of general public.

To undertake and promote reinvestment of business profits in areas where massive capital input is required for socio-economic development, a tax incentive has been provided under 35AC, of the Income Tax Act allowing for full deduction of the entire amount paid by a taxpayer carrying on a business or profession for financing projects or schemes promoting social and economic welfare. The objective of the said provision is to encourage business organizations and wealthy individuals to contribute more in social and economic welfare of general public.

Let us take an illustration. Mr. X an individual and M/s. Y Pvt. Ltd., a Company both give donation of Rs. 1,00,000/- to a NGO called Satyakaam. The total income for the A.Y. year 2011-2012 of both Mr. X and Ms. Y Pvt. Ltd. is Rs. 3,00,000/-. The tax benefit would be as shown in the table:

     Introduction

A Two page flyer on the GEF-NGO Network Download here900KB
 

For Chinese language version, download here1MB

 For Russian language version, download here350KB

 
The Non-Governmental Organization (NGO) Network of the Global Environment Facility (GEF), now known as the GEF-NGO Network, was established in May, 1995.

     Introduction

A Two page flyer on the GEF-NGO Network Download here900KB
 

For Chinese language version, download here1MB

 For Russian language version, download here350KB

 
The Non-Governmental Organization (NGO) Network of the Global Environment Facility (GEF), now known as the GEF-NGO Network, was established in May, 1995.

CHARITABLE PURPOSE

02 Section 2(15) of the Income Tax Act defines the term charitable purpose as under :

The expression “Charitable Purpose” includes the following :

Section 12A. CONDITIONS AS TO REGISTRATION OF TRUSTS, ETC.

The provisions of section 11 and section 12 shall not apply in relation to the income of any trust or institution unless the following conditions are fulfilled, namely :-

Deduction amount U/s. 80G:-

Donations paid to specified institutions qualify for tax deduction under section 80G but is subject to certain ceiling limits. Based on limits, we can broadly divide all eligible donations under section 80G into four categories:

a) 100% deduction without any qualifying limit (e.g., Prime Minister’s National Relief Fund).

80g