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trust needs donation (ADV - Financial)

by Poison @, PAN India, Tuesday, April 23, 2013, 04:52 PM (4084 days ago) @ niranjanfunding

CBDT approves NGO's with 35 (i) and (ii) TAX BENIFITS and 35 AC gazetted Notification number is what he is asking for Funding.

When u say 35-1&2 notification, it means a lot of fund. Basically used in taxation of corporates which is done at 15 to 20%(max. corporates do 500Cr or more at once. which gives 120% tax rebate + 80% money returned)

Both FCRA and corporate funds can be received.

Best point is funding 35 (i)(ii) CBDT approved Projects give 120% to 200% TAX BENEFITS to the funder.

So Dear Niranjan, if you running around for funding, you should know how it is done and how much creditability your NGO has. Get your NGO approved by CBDT to get funds.

80G, FCRA and 12A Ngo's are millions in market and rarely gets funding.

--
Thanks & Regards,

Poison
([email protected])
( 24/7 Support )

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