80g registration for non profit organizations
Section 80g registration is an important tax exemption aid to non profit organizations in India, as it enables donors to get deductions on their donations. Such registration increases the trust of the ngo and more individuals and corporations are willing to contribute to their activities. In order to get 80g certification the organizations should fulfill certain criteria such as keeping of proper financial records and should serve a true charitable purpose. Such status does not only enhance fundraising but also increases the trust of the donors which contributes to the sustainability of the ngo.