12AA, 80G & FCRA Certificate

Section 12AA of the Income Tax Act grants tax exemption to charitable trusts and institutions upon registration, ensuring donations to them are tax-deductible. Section 80G allows donors to claim tax deductions on contributions made to such registered entities, encouraging philanthropic activities. These provisions promote the growth of charitable organizations and incentivize donations for social causes. Together, they facilitate the flow of funds towards charitable activities while providing tax benefits to donors.

The FCRA (Foreign Contribution Regulation Act) certificate is issued by the Ministry of Home Affairs, India, allowing NGOs to receive foreign funding legally. It ensures compliance with regulations governing the receipt and utilization of foreign contributions for designated purposes. The certificate enables NGOs to engage in various social, cultural, and developmental activities with foreign funding while maintaining transparency and accountability.

  1. Home
  2. Accounts And Finance
  3. Registration And Licenses
  4. 12aa 80g And Fcra Certificate