Posts

Showing posts with the label Covid Pandemic

Donating for Covid Relief operations for income tax exemptions

The nation is fighting Covid-19 pandemic threat. NGOs and the goverment is working tirelessly in Covid relief operations to avoid a community spread.   Dreading income tax deductions? Who doesn't? Through many of our investments, we try to look for ways to get i ncome tax exemption   and make many choices that suit our financial needs and requirements, all in the name of saving tax. We hope you have considered all the options available to you; also, if you haven't already heard of this, we hope you do now – donations can help you with income tax deductions! Want us to elucidate further? Well, buckle up! Firstly, let's understand what Section 80G of the Indian Income Tax Act is all about. This section under the IT Act allows an income tax deduction on donations made to any charitable organization and certain relief funds. One must also note that all donations are not qualified for deductions under Section 80G; only donations made to prescribed fun...

NGOs in India who are fighting against malnutrition in India during Covid Pandemic

Save the Children is one of India’s most trusted NGOs for the promotion and protection of children’s rights. Since 2008, this organization has completely transformed the lives of over 10 million children across India. With a global presence in over 80 countries, Save the Children worked tirelessly since 1919 for the advocacy of child rights. It is an NGO working for malnutrition in India. This NGO is registered as the ‘Bal Raksha Bharat’ in India, and it works to improve the living conditions of the most vulnerable and underprivileged children. Save the Children is a global Non-Profit Organisation, which runs multiple outreach programs across 19 states in India. It provides millions of underprivileged and marginalized children access to adequate education, nutrition and healthcare. It is one of the most respected NGO’s working to eradicate malnutrition in India. Malnutrition refers to the condition caused by the lack of proper nutrition. It is caused by not having enough to eat. Mal...