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Understand the donation tax deduction limit.

 The thought of giving to charity and doing our bit for society may have crossed our minds on several occasions. It is a laudable gesture to donate to a cause that one sincerely believes in to help make a difference. Given the grandeur of this gesture, the Indian government extends its full support towards numerous philanthropic services. Section 80G of the Indian Income Tax Act, 1961 concedes a tax deduction on contribution/donations made to any charitable fund or organisation. However, it is crucial to note that there is a donation tax deduction limit; not all donations qualify for 100% tax deductions, whereas some are restricted to 50% of the amount donated. The designated list of such organisations is rendered in Section 80G of the Income Tax Act. Section 80G of the Income Tax Act Contributions made to certain relief funds and charitable institutions have a donation tax deduction limit , which can be claimed as an income tax deduction under Section 80G. This income tax deduction ca

What is the donation tax exemption?

 For any taxpayer looking to save tax, you have landed yourself on the right article. Section 80G enables donation tax exemptions for all taxpayers – individuals, companies, and/or partnership firms. Also applicable to NRIs, donation tax exemption makes it a highly engaging investment option, where the Indian Government offers Section 80G donation tax rebate as an incentive for donation/contribution. Under the Income Tax Act of 1961, Section 80G can be availed through a contribution/donation to relief funds and charitable institutions. For one’s own knowledge and information, Section 80G of Income Tax laws is not just limited to donations made to charities, one can also avail a rebate on donations made to entities involved in scientific research and rural development programmes. Since there is a benefit for NRIs too while making a donation, they have become more open-minded and are willing to donate to various causes and charities. Taxpayers can claim income tax deductions under secti

The hunger and malnutrition cycle of India

  Malnutrition is a drastic result of inadequate or an unbalanced diet. Starvation is a form of malnutrition, which is reached when people are not able to provide themselves with a sufficient amount of food. Hunger and malnutrition in India - two sides of the same coin; a drastic effect of hunger, malnutrition continues to grip the nation even to date. Despite various economic achievements, one can notice an increasing number of malnourished children in India; most of whom are below three years of age. Economic inequality is one of the chief reasons for hunger and malnutrition in India. Let’s state this for you, so you are able to see the vicious rut the low-income groups are stuck in – a person from a low status economic and social group is often not able to fend for himself/herself or the family, wherein good quality and quantity of food is concerned, for general sustenance. When a woman suffers from malnutrition, she also endangers her life and is less likely to give birth to a he

Donate for the well-being of India’s children.

The act of giving, helping, and serving humankind is the highest form of compassion; it is what makes us humans. We are also aware that there are many less fortunate people in the world who depend on our kindness for their basic livelihood. It, therefore, becomes a responsibility to stand up in solidarity with them and donate for children so that they can live a normal life. Wherein a children’s charitable institution is concerned, especially small to medium scale ones, revenues in the form of donations usually fluctuate dramatically from one month to another, as well as on a year to year basis. Therefore, when you donate for children monthly, it offers the NGOs and various such institutions a steady and predictable source of funding. It also allows them to prosper from other benefits of monthly revenue income. Here are a few reasons why you must donate for children: Financial benefits: Did you know that donating to an NGO or charitable institution can help you save tax? When yo

Understand the importance of the Child Right Act.

 It is crucial for everyone to know about the child right act and its importance in our day-to-day lives. Children and adolescents have the same universal human rights as adults and additionally, other specific rights that recognize their unique needs. Children are not the property of their progenitors nor are they weak objects of mercy; they are individual beings and are the subject of their individual rights. The Convention on the Rights of the Child sets out the child right act that must be actualized for children to grow and flourish to their full capacity.  Children begin life as wholly dependent beings, who must rely on adults for care and supervision, which is needed to become independent. This ideal situation is usually found in children's families, but when primary adult caregivers are not able to meet children's needs, it is the State’s responsibility as primary duty bearer to find a suitable option in the largest interests of the child. The procedures, or inaction

Measures we can take to stop child labour in India

  As per the 2011 census, India is home to approximately 8.2 million child labourers. These vulnerable children have to sacrifice their childhood in order to earn a livelihood. Employing child labour not only deprives young children of an education, but also negatively impacts their physical, mental and emotional well-being. NGOs like Save the Children have been working tirelessly for decades to  stop child labour  in India. Through various projects directed towards eradicating the same, Save the Children is working to rescue young children from a life of exploitation. Between October 2017 and September 2018, we were instrumental in rescuing 10,899 children from the clutches of child labour. In addition to our efforts to remove children from exploitative working situations, we also mobilise public opinion and demand policy and legislative action to abolish child labour in every form.   The main contributing factor to child labour is drastic poverty. Over population, illiteracy and debt

The violation of child rights in India

  The United Nations Convention on the Rights of the Child (UNCRC) states that a “child” refers to every human being below the age of 18. The  violation of child rights  is a serious concern all over the world. Millions of children all over the world suffer from the violation of child rights, and therefore several child right act have been established to protect the rights of children. Legal and social protection is essential to ensure that children have a safe and secure childhood. Child right act are necessary to address and protect the needs of children. This includes the Right to Health, the Right to Education, the Right to Protection, and the Right to Freedom of Expression etc. There are countries which face several problems and social evils that result in the violation of the rights of children. These social evils include child labour, child abuse, child marriage,child trafficking, child sexual abuse etc. Millions of children across the world are suffering from various issues suc