How to Save Taxes with 80G Donations in India

Donating to a registered 80G Exempt NGO benefits not only the cause but you as well through tax savings. Tax Exemption under 80G allows individuals and companies to claim deductions in donations made to qualifying charitable causes. The deductible amount can either be 50% or 100% of the donated money, depending on the certification of the NGO.

To take advantage of this benefit, make sure that the NGO is registered under 80G and obtain the donation receipt, and it should reflect the NGO's name, PAN, and registration number. Enter the donation value while submitting your income tax return in the appropriate section to obtain the deduction.

By making a thoughtful donation to an 80G Exempt NGO, you can support social welfare without increasing your taxable income. Always check the status of the NGO's 80G for maximum benefit.

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How Much Tax is Exempt from 80G?

Under Section 80G of the Income Tax Act, donations made to eligible charitable institutions and relief funds qualify for tax exemption. The exemption percentage depends on the organization’s approval status. Some donations qualify for a 100% deduction, while others offer a 50% deduction with or without an upper limit.

To claim Tax Exemption under 80G, the donor must obtain a receipt from the 80G Exempt NGO, mentioning the PAN and registration number of the organization. Additionally, the donation should be made through bank transfers, cheques, or digital payments to be valid for exemption.

Donors can claim Tax Exemption on Donation while filing their Income Tax Return (ITR) by mentioning the donation details under Section 80G. Always verify the organization’s 80G certification before contributing.

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How to Claim Tax Exemption Benefits on Donations to an NGO?

Contributing a donation to an 80G exempt NGO not only benefits social causes, but also provides you with the privilege of a Tax Exemption on donation.

step 1 - Check Eligibility:
Ensure that the NGO has a current and valid 80G certificate. By having this certificate, it verifies that your donation qualifies for Tax Exemption under 80G section of the Income Tax Act.

Step 2 - Get a Receipt:
Always request for a stamped receipt which has:
NGO's Name, Address
Registration Number and PAN
Amount of Donation and date of donation

Step 3 - Pay Through Permissible Mode:
You can make the donation through online payment methods, cheque, and bank transfer but remember that cash donations over ₹2,000 are not eligible.

Step 4 - Disclosure in your Tax Return:
Disclose donations in your return under section 80G and attach the receipt. Depending on the NGO, you would be able to claim either a 50% or 100% deduction.

You are able to enjoy a tax deduction in addition to being able to support social causes.

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