How Donating to Charity can Help you Save Tax
Donate to NGO to Save Tax
Every financial year, a lot of people have to pay income tax. However, if you take certain steps there are ways and means to save a lot of this tax. One of the best way out is to donate to NGO, a registered and recognised one which is authorised to award tax-exemption to its donors.
How a Charitable Donation can Help you Save Tax
Donating to charities is not only morally satisfying but charitable organisations also offer tax rebates and exemption under Section 80G of the Income Tax Act, 1961. Save the Children is one such trusted NGO which offers tax rebate to its donors. When you donate to Save the Children, your act of kindness goes a long way in supporting India’s most vulnerable and marginalised children from the remotest corners. Donate now and at the same time save tax. You can also donate online.
As per the Indian Income Tax Department’s rules, a donor is required to add their address and PAN number in case they wish to receive the 80G tax-exemption certificate
How Donating to Charity can Help you Save Tax
Donate to NGO to Save Tax
Every financial year, a lot of people have to pay income tax. However, if you take certain steps there are ways and means to save a lot of this tax. One of the best way out is to donate to NGO, a registered and recognised one which is authorised to award tax-exemption to its donors.
How a Charitable Donation can Help you Save Tax
Donating to charities is not only morally satisfying but charitable organisations also offer tax rebates and exemption under Section 80G of the Income Tax Act, 1961. Save the Children is one such trusted NGO which offers tax rebate to its donors. When you donate to Save the Children, your act of kindness goes a long way in supporting India’s most vulnerable and marginalised children from the remotest corners. Donate now and at the same time save tax. You can also donate online.
Some Important Ways to Save Tax
- Getting an insurance policy is a recognised way of saving tax. Life Insurance Policies provide life coverage and help in saving tax under section 80C of the Income Tax Act.
- You can get the tax benefit by investing in ‘Mutual Funds’ like Equity Linked Saving Schemes (ELSS).
- National Saving Certificates require a minimum investment of Rs.100 and can be availed from the post office. They also offer tax exemption to the investor
- For long-term investments and tax-saving, Public Provident Fund is a good financial instrument
- Some loans too, for example, Educational Loans or Home Loans are eligible for tax-exemption
Donate to Save the Children – Save Tax and Make a Real Difference
Donating to Save the Children is a true investment in the future of India – its children. The organisation has impacted the lives of more than 14 million children since 2008 and is committed towards providing a safer, fairer and happier future to India’s most deprived children. When you donate to Save the Children, you reap dual benefits: the joy and satisfaction of changing a life and the reward of saving tax.
Frequently Asked Questions on Tax-exemption While Donating to Save the Children
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Save the Children gives tax-exemption under which Section of the Income Tax Act?
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What is the kind of tax-exemption offered by Save the Children to its donors
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Will you send me an Income Tax Exemption certificate?
OUR AREAS OF WORK
Education
We work to ensure that the most deprived children come into the fold of education and stay there
Child Protection
We work to keep children out of harm’s way and safeguard them from various forms of abuse, neglect and exploitation
Health & Nutrition
We work to give a healthy start to children along with ensuring better access to healthcare for new mothers and pregnant women
Poverty & Inclusion
We work with an aim to offset the impact of poverty in children’s lives along with providing livelihood support to communities
Humanitarian Response & Resilience Building
We work to provide life-saving relief to children and their families during disasters and equip them to be better prepared to face emergencies
