80g registration tax exemption
Section 80g of the Income Tax Act in India provides an opportunity to the taxpayers to claim deductions to eligible charitable organizations. To avail this tax exemption, charities must receive 80g registration which certifies their compliance with specific gel requirements. The contributions made to those registered institutions can reduce the donor's taxable profits, promoting a philanthropy subculture. The discount encourages individuals and businesses to help social reasons and improves network growth. Donators must ensure that the employer keeps legitimate registration and recognizes the applied accurate deduction range.