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taxexemption


taxexemption
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14/02/2018
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If an Ngo gets registers under section 80g, then the person or the organization unit that makes the donation to this Ngo will get a definite deduction of about 50% from their taxable income. Further, an Ngo is exempt from Income Tax if it is registered under 12a. Government funding is only applicable to those NGOs that are registered under 80g and 12a. A newly registered NGO can also apply for the same.

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