Normally Non Government Organizations (NGOs) like Trusts, Societies, Section 8 Companies etc receive income in the form of Donations from general public for carryings out their non profit objects. Donors may show more interest for Donations, if such Donations give them advantage in the from of Deductions / Exemptions in the Income Tax Liability.
Therefore this types of NGOs can get get more Donations by obtaining a registration under Section 80G of the Income Tax Act, 1961 of India.
Registration of a Private Limited Company or getting IEC License / MSME Registration is not just completed task, in fact it is a beginning task from then you are supposed to comply with much legal compliance which are may be monthly, quarterly, biannually or annually or event based on the specific nature of the task. Therefore we request you take informed decisions regarding all of this being in touch with us from time to time. Users of this portal shall also refer The Information Technology Act, 2000 and The Companies Act, 2013, Partnership Act, GST Act, Income Tax Act etc which are generally Applicable to most of the businesses in India.
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