Are you somebody who runs a trust or intends to start one? Are you aware that the Income Tax Law provides you special rebates under sections 12A and 80G? Are you grabbing this opportunity, or you want to, but...don’t know how?
The government introduced certain provisions in the Finance Act, 2020, making it compulsory for charitable/religious/educational institutions/trusts to get themselves re-registered/re-approved or get provisional registration under the sections mentioned above. These provisions were made effective from 1st April, 2021.
If you’re a founder of an NGO or a big-hearted donor, then you must walk through this piece of information below, wherein you’ll be able to find all the answers you need for saving your monies and availing of the benefits offered by the Act.
