How to get tax exemption for startups by donation? Many startups in India explore various ways to contribute to social causes while also optimizing their tax liabilities. One effective method is making donations to eligible NGOs and claiming tax exemption under Section 80G of the Income Tax Act. This allows startups and businesses to support meaningful initiatives and reduce their taxable income at the same time. To qualify for tax exemption, startups must ensure that the NGO they donate to holds a valid 80G certificate issued by the Income Tax Department. The donation should be made through approved banking channels such as UPI, net banking, cheque, debit or credit card. Cash donations beyond the prescribed limit do not qualify for tax benefits. After making the donation, the startup must obtain an official donation receipt containing the NGO’s name, registration number, PAN, 80G approval details, and the amount donated. This receipt is required when filing the company’s income tax return to claim the deduction. To get Tax Exemption under 80G, choose credible NGOs with transparent operations and proper compliance, startups can create positive social impact while legally benefiting from tax exemptions. Strategic philanthropy not only strengthens brand reputation but also supports sustainable development initiatives across communities. https://sakshingo.org/80g-tax-exemption-on-donation/ #taxexemptionforstartups #80gtaxexemption #donationtaxbenefits #corporatedonationindia #startuptaxplanning #ngodonation

How to claim tax exemption by donating to the Best NGO in India? Looking to support a true changemaker and also get tax benefits? Donating to one of the best NGOs in India that holds a valid 80G certificate is a win-win. These trusted NGOs run impactful programmes, from child education and women’s empowerment to community health and life-skill development. When you contribute to an NGO officially registered under 80G, you become eligible for a 50% or 100% tax deduction on your donation. It’s easy to help: make a donation through banking channels (UPI, net banking, cheque, or online transfer) instead of cash, and don’t forget to get an official receipt. This receipt should include the NGO’s PAN, 80G registration number, and your donation details. By choosing a reputable, 80G-certified NGO, you ensure that your support helps real people, while also taking advantage of legitimate tax savings. Share this message to encourage friends and family to donate responsibly and confidently. https://sakshingo.org/about-us/ #bestngoindia #donationfortaxbenefit #80gtaxexemption #supportngo #donateforacause #charitywithimpact #childeducationindia #womenempowermentindia