Many thanks to Setbharatbiz. We had an excellent experience working with its expert. They have a strong sense of professionalism when dealing with clients.
Mudassir CEO, Twinfinty DigiTech SolutionsWe would recommend Setbharatbiz incorporation services to any founder without a second doubt. The process was beyond efficient and shows Setbharatbiz founder's vision
Nagasrinivas Director,Prakash Nagasrinivas & Saradhy AssociatesI was searching for a company for assistance in the incorporation services. Then one of my friend tell me about Setbharatbiz and definitely the Setbharatbiz is the best.
Prakash Kakani Director, PNS EV Hub80G Registration under the Income Tax Act, 1961, enables educational and religious institutions, NGOs, and trusts to provide tax benefits to their donors. Donors contributing to an entity registered under Section 80G can claim a deduction on their taxable income. This registration enhances the institution's credibility, encourages donations, and aligns with government tax-saving incentives.
1. Encourages Donations : Offers tax benefits to donors, attracting higher contributions.
2. Donor Trust : Enhances the institution’s legitimacy and transparency.
3. Tax Savings : Allows donors to deduct 50% or 100% of their donations.
4. Institutional Growth : Facilitates better funding for charitable and educational activities.
5. Alignment with 12A : Works in tandem with 12A Registration to maximize tax benefits for both the institution and donors.
Feature | 80G Registration | 12A Registration |
---|---|---|
Purpose | Provides tax benefits to donors | Exempts institution’s income |
Applicability | Donations made to the institution | Income generated by the institution |
Scope | Direct benefit to donors | Benefit limited to the institution |
Validity | 5 years (renewable) | Lifetime |
Mandatory for Donors | Yes, for claiming tax deductions | No |
It allows donors to claim tax deductions on contributions to a registered charitable or religious institution.
Yes, 12A Registration is a prerequisite for 80G Registration.
It typically takes 2-3 months, depending on document verification and authority approvals.
The certificate is valid for 5 years and can be renewed.
Yes, provided it complies with the guidelines for charitable activities and fund utilization.
Donors can claim a deduction of 50% or 100%, depending on the type of donation and the institution's eligibility.
Yes, corporates can claim deductions for contributions as part of their CSR activities.
Yes, if the institution violates the terms of registration or misuses funds, the certificate can be revoked.
No, foreign contributions require FCRA Registration in addition to 80G.
Costs include application fees and professional service charges, which vary based on the complexity of the institution's operations.