What are some common charitable organizations eligible under Section 80G?
In India, there are many charitable organizations where your donations can qualify for tax deductions under Section 80G. Here’s a list of some common ones that are eligible for a 100% deduction without any qualifying limit:
- National Defence Fund set up by the Central Government.
- Prime Minister’s National Relief Fund.
- National Foundation for Communal Harmony.
- An approved university/educational institution of National eminence.
And here are some that are eligible for a 50% deduction without any qualifying limit:
- Jawaharlal Nehru Memorial Fund.
- Indira Gandhi Memorial Trust.
- Rajiv Gandhi Foundation.
- Prime Minister’s Drought Relief Fund.
Remember, these are just a few examples. There are many more organizations that are eligible under Section 80G. It’s always a good idea to check if the organization you’re donating to is approved under Section 80G to ensure you can claim your tax deduction. Also, keep in mind that the rules can change, so it’s wise to stay updated with the latest information from reliable sources like the Income Tax Department or trusted tax advisory services.
Happy donating, and here’s to making a difference while saving on taxes! 🌟
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