How to Claim Tax Exemption for NGO Under 80G & 12A
How to Claim Tax Exemption for NGO Under 80G & 12A? In India, NGOs (Non-Profit Organizations) can be registered as a Trust, Society, or Section 8 Company under the Companies Act, 2013. These organizations work for social causes like education, healthcare, skill development, women empowerment, and more. To reduce tax burdens and attract more donations, […]
Top NGO Registration Mistakes to Avoid
Top NGO Registration Mistakes to Avoid Starting an NGO is a powerful step toward making a real difference in society. But registering an NGO isn’t always as simple as it seems. Many organizations face roadblocks that delay or even derail the entire process.From handling legal paperwork to meeting government requirements, there are many things that […]
NGO Registration Process in India
NGO Registration Process in India Setting up an NGO (Non-Governmental Organization) in India is a noble step toward making a positive change in society. Whether your focus is education, healthcare, environmental conservation, or any other social cause, the registration process is a crucial first step. Various forms of NGOs exist, like Trusts, Societies, and Section […]
Key Announcement in RBI MPC Meeting 2025 Held on 7.2.2025
Key Announcement in RBI MPC Meeting 2025 Held on 7.2.2025 Repo Rate The Monetary Policy Committee (MPC) of RBI decided unanimously to reduce the repo rate, which the RBI lends to other banks, by 25 basis points from 6.50 percent to 6.25 percent.This is the first rate cut initiated by the RBI in five years, […]
Supreme Court Rules on Share Capital Reduction Under Section 2(47)
Supreme Court Rules on Share Capital Reduction Under Section 2(47) of Income Tax Act Whether reduction in share capital is covered under “sale, exchange or relinquishment of the asset” used in Section 2(47) of the Income Tax Act, 1961. Explore more about Tax… TDS on Benefit in Respect of Business or Profession – Section 194R […]