🤲Trusts & NGOs

The tax exemption limit for charitable trusts in India is subject to change, so it is essential to refer to the latest edition of a trust taxation book. The book should provide information on the current tax exemption limit and how to claim it.

To register a trust under the Income Tax Act 2025, you need to follow the procedure outlined in the Act and obtain a registration certificate from the income tax authorities. A good trust taxation book should provide step-by-step guidance on the registration process.

Donating to NGOs in India can provide tax benefits under Section 80G of the Income Tax Act 2025, which allows donors to claim a deduction on their taxable income. A book on NGO law and taxation should provide information on the tax benefits of donating to NGOs and how to claim them.