NGOs must apply for 12A & 80G Certificate to provide income tax exemption to the donors! It also helps NGOs in availing government funding.
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Frequently asked questions.
80G Registration comes under section 80G of the Income Tax Act and provides benefit to the donor of an NGO whereas section 12A Registration will assist an NGO to get an organization income exempted from tax.
A non-profit organization or non-governmental organization (NGO), a charitable trust or a Section 8 Company, can apply for 80G registration as well as obtain certification under section 12A. Both certifications can be applied together or it can also be done separately also.
All NGOs should avail the advantage of these provisions to attract potential donors. ... If an NGO gets registered under 12A and 80g, then only it is applicable for any government funding. A newly registered NGO can also apply for 80g registration.
A 12A registered NGO is permitted of utilizing tax-exempted income for its lifetime. Being permitted of providing valid donation receipts (printed with 80G registration ID) allowed for tax exemptions, NGOs with 80G Certificate receive more donors. 12A registration is a compulsory part of getting 80G registration.