Why every ngo need for 12a registration
In India, 12a registrations occupy an important place for non-governmental organizations (NGOs) that demands efficient performance in the philanthropic field. This registration enables NGOs to get tax exemption on its income, promotes additional economic stability. This donor complements the belief, as the contribution to registered NGOs is eligible to deduct taxes below Section 80g, making it more attractive to the ability supporters. In addition, 12a registration creates a sense of reliability and professionalism which is important for the formation of partnerships with the bodies and other organizations of the authorities. Compliance with this registration no longer ensure following the outline of the prison but in addition is to attract presentations and funding opportunities. In short, 12a registration for ngos is required to decorate their operating efficacy and maximize their impact in the network.