If you are someone who wants to donate to a good cause and also save on taxes, you should know that donations made to eligible NGOs in India can qualify for tax exemption under Section 80G of the Income Tax Act. Many users often ask, “How do I get tax benefits when I donate?” The answer is simple: choose an NGO that has a valid 80G certification.
When you donate to an 80G exempt NGO, you can claim up to 50% or 100% deduction on the donated amount while filing your income tax return. The only thing you must ensure is that the donation is made through banking channels such as UPI, debit/credit card, cheque, or online transfer, cash donations above ₹2,000 do not qualify.
After donating, always collect the official receipt from the NGO, which should include their 80G registration number, PAN, and your contribution details. This receipt becomes your proof while filing taxes.
Supporting a trusted NGO not only helps you contribute to meaningful social change but also gives you a smart way to reduce your taxable income and get Tax exemption on Donation.
When you donate to an 80G exempt NGO, you can claim up to 50% or 100% deduction on the donated amount while filing your income tax return. The only thing you must ensure is that the donation is made through banking channels such as UPI, debit/credit card, cheque, or online transfer, cash donations above ₹2,000 do not qualify.
After donating, always collect the official receipt from the NGO, which should include their 80G registration number, PAN, and your contribution details. This receipt becomes your proof while filing taxes.
Supporting a trusted NGO not only helps you contribute to meaningful social change but also gives you a smart way to reduce your taxable income and get Tax exemption on Donation.