Donation FAQs

Tax Exemption FAQ

Section 80G of the Income Tax Act allows the assessee to claim deductions from taxable income for donations made to charitable entities approved by the Income Tax Department. Siyaram Foundation has approval under this section.

Frequently Asked Questions

• What is Section 80G of the Income Tax Act?
• What tax exemption benefit do I get?
• What is the minimum amount that needs to be donated to get a tax exemption?
• What is the maximum amount for income tax exemption under 80G?
• Do you issue tax receipts? How long does it take for them to reach us?
• Is there a tax exemption on cash donations as well?
• When can I get a tax exemption certificate?
• What if the tax receipt is misplaced?
• I am an NRI. Will I get a tax exemption on my donation?
• If I am a resident of the U.S. subject to US income tax, will I be eligible for tax exemption?
• If I am a resident of the U.K. and subject to UK income tax, will I be eligible for tax exemption?
• What are the certificates required to claim tax exemption under Section 80G?
• Can I claim tax exemption under Section 80G through my employer?
• What are the benefits of donating to NGOs?
• How is 80G donation calculated?
• What is the limit for donation under 80G?
• Will I (Individual/company) get a CSR certificate? If yes, when will it be issued?

Required Documents for 80G

Taxpayers should have all of the following documents to claim deductions under Section 80G:

• The receipt of donations.
• Photocopies of 80G Certificate.
• Registration number of the charitable trust.

Key Clarifications

Can I claim tax exemption through my employer? Yes, you can claim a deduction under Section 80G through your employer with a certificate stating the donation has been made from your salary.

What are the benefits of donating to NGOs? You can claim eligible tax deductions and also support people in need through verified charitable programs.