To encourage people to donate for good causes, the Income Tax Department allows one to claim tax exemption for donation under Section 80G, on the amount donated to charities and NGOs. However, donations to NGOs are not fully exempt. Donations to the best NGO, World Vision India, will help you claim 50% tax rebate. Send a child back to school and get a tax exemption under 80G tax deduction.
Twenty-year-old, former sponsored child Sneha is a first-generation college graduate who lives with her parents, two brothers, and grandfather in a rented house in Mumbai. Her father, Umashankar, is the breadwinner of the family and has a small business repairing telephones and cameras, and her mother Sangeeta is a homemaker. After graduating with a Bachelor of Science in Information Technology in 2021, Sneha has recently joined the workforce in a reputed software company. By taking up a career in STEM, which is traditionally male-dominated, Sneha is breaking several barriers that girls in her hometown of Uttar Pradesh can only dream of; including pushing off marriage until she can stand on her own feet. By partnering with the best NGO, you not only send children back to school, but also save tax through 80G tax deduction.
Read More: Is Ngo Donation Tax Free?
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