India’s Foreign Contribution Regulation Act (FCRA), 2010, plays an important role in governing how NGOs receive and utilize foreign contributions. At its core, FCRA makes sure that foreign donations are used only for legitimate and well-defined purposes. But one of the most frequently asked questions in this space is deceptively simple: What exactly qualifies as […]
Read More Details
If you run an NGO in India, you’ve likely heard of tax exemptions under the Income Tax Act. But what actually qualifies as a “charitable purpose”? What are the limits on business income? And what common mistakes get NGOs disqualified? This guide breaks it all down in simple language, so you can focus on impact […]
Read More Details
If you’re running an NGO or a charitable trust in India, chances are you’ve come across Form 10BD. It’s an important document you must file if your organization is registered under Section 80G of the Income Tax Act. To put it simply, this form helps keep track of the donations your organization receives, especially those […]
Read More Details
Non-Governmental Organizations (NGOs) in India enjoy tax exemptions to support their charitable activities. But what happens when an NGO closes down, merges, or loses its tax-exempt status? That’s where Exit Tax comes into play. The Exit Tax, introduced under Section 115TD of the Income Tax Act, 1961, came into effect from June 1, 2016 to […]
Read More Details