Claiming tax deduction on donations

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SummaryThe government gives tax benefits on donations under Section 80G of the Income Tax Act, 1961.

if the donation is made to the Prime Ministerís National Relief Fund. One can even avail 100% deduction for donations made to an approved institution for promoting family planning. In case of donations to Indira Gandhi Memorial Trust, an individual can claim 50% deduction without any qualifying limit.

Employees can claim deduction under Section 80G, provided a certificate from the employer is received in which the latter states the fact that the contribution was made out from the formerís salary account. Even NRIís can claim tax benefits against a donation, provided it is made to eligible institutions.

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