A Comprehensive Guide to 12A Registration for NGOs in India
Non-Governmental Organizations (NGOs) in India play a pivotal role in addressing various social, economic, and environmental issues. To support their noble causes, the Indian government offers tax exemptions under Section 12A of the Income Tax Act . This guide provides an in-depth look into 12A registration, covering its benefits, eligibility criteria, application process, required documents, and the online registration procedure. What is 12A Registration for NGOs? 12A registration is a provision under the Income Tax Act that allows NGOs to be exempted from paying income tax on their surplus income. By obtaining this registration, NGOs can utilize their entire income for charitable purposes without the burden of taxation, thereby maximizing their impact on society. Benefits of 12A Registration Obtaining 12A registration offers several advantages: Tax Exemption : The primary benefit is the exemption from income tax, allowing NGOs to allocate more resources toward...