ARE THERE ANY TAX BENEFITS INVOLVED WHILE DONATING TO BAL RAKSHA BHARAT?
Legislative action — a bill, act, or amendment that creates or modifies the legal framework. Carries binding force and shapes the rules under which citizens, institutions, and markets operate.
Summary
All donations made to Bal Raksha Bharat (Save the Children India) are 50% tax-exempt under section 80G of the Income Tax Act 1961. Section 80G of the Income Tax Act allows tax exemptions for various entities, including individuals, Hindu Undivided Families (HUFs), companies, and partnership firms. Its benefits are also available to Non-Residential Indians (NRIs).