12A and 80G registrations are essential for NGOs seeking tax exemptions and increased donor contributions. 12A registration allows NGOs to claim income tax exemption, ensuring that funds received for charitable purposes remain untaxed. This helps organizations allocate more resources toward their social initiatives.
On the other hand, 80G registration provides tax benefits to donors, allowing them to claim deductions on their taxable income. This makes donating more attractive, leading to higher contributions from individuals and businesses. NGOs with 80G approval are often perceived as more credible, increasing their chances of receiving funding from corporate and individual donors.
Registering for 12A and 80G offers multiple benefits, including tax savings, better funding opportunities, and enhanced credibility. These registrations are crucial for NGOs aiming to establish transparency and long-term sustainability.
If your NGO is looking to secure these tax benefits, you can apply 12A registration online and simplify the process. Ensuring your NGO is registered under these provisions not only reduces financial burdens but also helps in building trust among potential donors and stakeholders.
