Last updated: March 14th, 2020 2:44 PM

Donations Qualifying for 80G Exemption

80G Certificate exempts part or full payment of taxes if you have made donations to charitable trusts and organizations that are registered to offer you exemptions from taxes. For e.g. A charitable organization or trust registered under section 12A, allows you to avail tax exemption under section 80G. There is however a maximum allowable deduction criterion. The criterion is if the aggregate of the amount you donate exceeds 10% of the total gross income, then the excess amount will not qualify for tax benefit. 80G certificates made its way into law book in the year 1967-68 and it continues to be an important tax-saving certificate. Any person who makes an eligible donation is entitled to avail tax exemption under 80G. The Government has notified eligible organisations, funds, trusts and NGOs that qualify for deduction u/s 80G.

Institutions that qualify for 100% tax exemption under section 80G without qualifying limit

• Prime Minister