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Why are the proceeds given to NGOs donated AFTER paying tax? Are donations to NGOs not fully tax deductible?

April 26, 2017deductible donated DONATIONS fully given NGOs paying proceeds tax

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Why are the proceeds given to NGOs donated AFTER paying tax? Are donations to NGOs not fully tax deductible?

1 Answer

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Under section 80G of the Income Tax Act, 50 per cent of donations to NGOs are tax deductible. Yet these deductions are available only for sums up to 10 per cent of your taxable income. We make full use of this small tax break.