Tax exemption of 80g registration
The tax exemption below Section 80g of the Income Tax Act allows the charity to cut charity made from their taxable income in individuals and groups. To qualify for this exemption, corporations must register below 80g, perform their adherence to alignment policies and functions with public welfare. The registration method usually includes the required documents, economic details and filing information about the activities to the concerned tax authorities. It no longer encourages the simplest benevolence but also affects the donors with tax benefits, selling the subculture of giving in society.