Gov. Reg. No. U85300MH2019NPL333715 | NGO License No. 116968 | CSR No. CSR00024029 | All Donations made to Pratibhashala are tax exempted as per Section 80G and 12A
This is how we
- PSF Registration
- Project Report
- Donation Policies
- Alliances
1 | Although there is no upper limit on cash donations, but 80G tax decuctions cannot be claimed on donations above INR 2000/- made by any individual or company. At Pratibhashala we go a step ahead and follow the rule that all donations > INR 2000/- have to be made online through the official payment portal only. Cash is accepted only > INR 2000 with its due receipt handed over to the participant. Pratibashala does not accept any donations without the donor accepting its receipts. |
2 | Every donor making any payment > INR 100/- is given an 80G tax receipt. This ensures that even the smallest donations are recorded by and reflected in Pratibhashala’s accounts. As per MCA rules, we have to account for each and every single donation since its tax receipt has been given. This ensures that every penny goes accounted for at the end of every quarter/year. |
3 | While making group cash donations, where each amount is less than INR 100, every fundraising partner in-charge pays off the total collected money from their account to Pratibhashala’s account via the official online portal, and then hands over the receipt to the corresponding group before leaving the premises. This ensures that there is no misplaced or unaccounted cashflow between donors and the foundation. |
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Optio, neque qui velit. Magni dolorum quidem ipsam eligendi, totam, facilis laudantium cum accusamus ullam voluptatibus commodi numquam, error, est. Ea, consequatur.
1 | Although there is no upper limit on cash donations, but 80G tax decuctions cannot be claimed on donations above INR 2000/- made by any individual or company. At Pratibhashala we go a step ahead and follow the rule that all donations > INR 2000/- have to be made online through the official payment portal only. Cash is accepted only > INR 2000 with its due receipt handed over to the participant. Pratibashala does not accept any donations without the donor accepting its receipts. |
2 | Every donor making any payment > INR 100/- is given an 80G tax receipt. This ensures that even the smallest donations are recorded by and reflected in Pratibhashala’s accounts. As per MCA rules, we have to account for each and every single donation since its tax receipt has been given. This ensures that every penny goes accounted for at the end of every quarter/year. |
3 | While making group cash donations, where each amount is less than INR 100, every fundraising partner in-charge pays off the total collected money from their account to Pratibhashala’s account via the official online portal, and then hands over the receipt to the corresponding group before leaving the premises. This ensures that there is no misplaced or unaccounted cashflow between donors and the foundation. |
Lorem ipsum dolor sit amet, consectetur adipisicing elit. Optio, neque qui velit. Magni dolorum quidem ipsam eligendi, totam, facilis laudantium cum accusamus ullam voluptatibus commodi numquam, error, est. Ea, consequatur.