Monthly Archives: February 2020

Deduction of TDS on Grants

Dear friends, I request your guidance on the following query. If an NGO ( Grantee) has 12 A certificate but does not have 80 G certificate, and if the same NGO is getting donation / grant from an 80 G … Continue reading

Posted in FCRA, TAX, LEGAL | 5 Comments

Tax Exemptions & New Tax Slabs

Dear Friends, Season’s greetings! Those who opt for new income tax slabs have no incentive to donate for charitable purposes. Is it not? Do corporates get exemption on CSR spending? If yes, why do they insist on recipients to have … Continue reading

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Letter to Finance Minister on Budget 2020 for non-profit sector

Dear SRRF Dialogue Members, We are glad to inform that CSO Support Cell on behalf of civil society, has submitted a letter to Finance Minister with around 130+ signatures earlier today. The speed with which this letter has been organised … Continue reading

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Budget Proposals: NPO Taxation‎

Budget Proposals: NPO Taxation In today’s post, proposals relating to registration requirement for New NGOs are covered. NEW NPOS S.12AA/S.80G/S.10(23) Earlier any NPO wanting to apply for registration under S.12AA or S.10(23C) could do so anytime. Generally once granted approval, … Continue reading

Posted in FCRA, TAX, LEGAL | 2 Comments

Budget 2020 – Existing NGOs 12AA Registration

All NGOs need to reapply for 12A / S.80 G certificates EXISTING NGOS Budget 2020 has brought bad news to all non-profit organizations, everyone would need to reapply for renewal of 12AA & 80G and S.10(23C) certificates. Let’s deal with … Continue reading

Posted in FCRA, TAX, LEGAL | 6 Comments