Tax Exemption Donation Faqs:
Benefit by Government
INSPITE of all the contributions made to social causes, there is a huge gap between the demand of money from the needy and the amount donated by philanthropists. This probably, is the reason why the Government has given tax benefits on donations. The amount donated towards charity attracts deduction under section 80G of the Income Tax Act, 1961. Section 80G has been in the law book since financial year 1967-68.
What is the minimum amount that needs to be donated to get a tax exemption?
A minimum of Rs 500 needs to be donated to avail tax exemption under IT sec 80 G.
Do you issue Tax receipts? How long does it take for them to reach us?
Yes, you can expect your receipts within 7 days after you have made the donation.
Is there a tax exemption on cash donations as well?
Cash donations above Rs.2, 000 is not applicable for 80G certificates.
When can I get a tax exemption certificate?
We generate the tax certificate within 4 days from the date of contribution made through online donations. Including the courier process it takes 10 days for the exemption certificate to reach you. If you contribute offline it takes 15 to 20 days.
What if the Tax receipt is misplaced?
We may not be able to provide you a duplicate receipt. But we can send you the Income Tax Exemption certificate copy.
I am an NRI. Will I get tax exemption on my donation?
NRI (Non-Resident Indian) donors, who are Indian citizens, holding an Indian passport are eligible to tax exemption under section 80 G of the Income Tax Act. Dont forget to mention your Indian PAN Card Number in the online donation form to avail the tax benefits. You can also write to firstname.lastname@example.org for any further queries.