Ngo registration income tax act

Registration of non-governmental organizations (NGOs) below the Income Tax Act plays an important role in ensuring transparency and accountability. By gaining tax-free fame, ngos can legally treat their charitable activities with income tax burden, allocating them more sources towards their missions. This registration system mandates compliance with unique guidelines which helps the public to accept safely. In addition the Act encourages donations, as participants can acquire tax deduction which can encourage more philanthropic engagement. Ultimately the intersection of ngo registration and taxation promotes a strong civil society dedicated to social change.