Why is 12A and 80G Registration Important for NGOs in India?
I was recently learning about NGO compliance and came across 12A and 80G Registration. From what I understand, these registrations are very important for NGOs, trusts, and charitable organizations in India.
12A registration helps organizations get income tax exemption on their surplus income, while 80G registration allows donors to claim tax deductions on donations made to registered NGOs. These benefits seem very useful for organizations involved in social welfare, education, healthcare, and charitable activities.
I would like to know from experts and NGO professionals here:
- How difficult is the 12A and 80G registration process?
- What documents are generally required?
- How long does approval usually take?
- What common mistakes should NGOs avoid during application?
Please share your experience and suggestions for organizations planning to apply for 12A and 80G registration in India.
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