Tax exemption is the financial exclusion that lowers the taxable income. You can avail of wholesome relief from tax or decreased tax rates, or tax will be for a certain portion. Tax exemption is, therefore, a mandatory exemption to a general rule rather than the absence of taxation in certain conditions. Tax exemptions are given to boost certain economic activities.
The tax deductions under Section 80G are the contributions that you have made to some charitable organizations or institutions. However, not all donations are eligible under this section.
As per the revised tax exemption act, effective April 1, 2017, donations above Rs 500 to PARD INDIA will be eligible for a 50% tax exemption under Section 80G of the Income Tax Act for Indian nationals only. By contributing to PARD INDIA, you will help empower deprived childrenand marginalized communities in rural areas besideshelping yourselves with tax deduction benefits.
The exemption is calculated by reducing the donated amount from your taxable income. For instance, if your taxable income per year is Rs 300,000.00 and you donate Rs 5,000.00, then your net taxable income will become Rs 297,500.00,i.e. a deduction of Rs 2,500.00. Your tax will now be calculated on this new amount of Rs 297,500.00.
A minimum of Rs 500 needs to be donated to avail of tax exemption under IT sec 80 G.
Yes, we issue an 80G Certificate of Donation (Form 10BE) in the month of April every year for claiming Tax Exemption receipts. Don’t forget to mention your Indian PAN CARD Number in the Online Donation Form to avail the tax benefits.
If you have not provided PAN CARD details online, to receive the Income Tax Exemption Receipt (Form No. 10BE), please send us a copy of your PAN CARD with the details of your donation to donorcare@pardindia.org.Cash donations above Rs.2,000.00are not applicable for 80G certificates.
We generate the Certificate of Donation (Form 10BE)for all our donors in the month of April every year by filing a 10BD Form with the Income Tax Department and the same will be issued by the end of April month or as per the Income Tax Department Regulations. We generally issue the Tax Exemption Certificates by email as mentioned by the donor in the Online Donation Form.
We will provide you with another copy of your Tax Receipt as the Form 10BE generated for each donor is a soft copy (in pdf format) and the same will be sent by email or snail mail as per the request of the donor.
NRI (Non-Resident Indian) donors, who are Indian citizens holding an Indian passport, are eligible for tax exemption under Section 80 G of the Income Tax Act. Don’t forget to mention your Indian PAN Card Number in the online donation form to avail the tax benefits. You can also write to donorcare@pardindia.org for any further queries.
We are a non-profit organization (NPO) registered as a Society under the Andhra Pradesh Societies Registration Act 35 of 2001, with Registration No. 19 of 2011 on 13th January 2011. Over the period, we acquired the following legal registrations that strengthen our resolve to be a significantglobal player with full accountability and transparency to all our stakeholders:
- FCRA Reg. No. : 010170354
- 80G Tax Exemption No. : AACAP0903G22HY02
- 12A Reg. No. : AACAP0903G22HY01
- Society ID (PAN Card) : AACAP0903G
- MCA Registration No. : CSR00011837
- Darpan Unique ID : AP/2020/0252587
We alone cannot Make A Difference; we need your support to bring a change and transform the lives at the grassroots. You become our partner with a small act of kindness to support the deprived children and the marginalized communities in rural areas.