Hello, I am worried that new tax regime does not allow 80G exemption on donation to charitable organisations. It will affect charitable activities in future. Maybe the old tax regime will be abolished very soon and the benefit of 80G will be no longer available.
I recently wrote about it in a Bengali audio magazine. I don't think that donors contribute to charitable works for this benefit. But this is a way the government honours and encourages the donors. Don't forget that the benefit of 100% exemption under section 35AC was abolished in the finance bill of 2016. This must have disrupted many projects. We, the pwd and other backward sections, will be directly affected if income of charitable organisations goes down. All organisations should demand the inclusion of 80G exemption in the new tax regime like 80CCD(2) and 80JJAA. With best regards, Amiyo Biswas Cell: 6290527506 / 9433464329 -- Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. Search for old postings at: http://www.mail-archive.com/[email protected]/ --- You received this message because you are subscribed to the Google Groups "AccessIndia" group. To unsubscribe from this group and stop receiving emails from it, send an email to [email protected]. To view this discussion on the web visit https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/002601d854d0%244b997ab0%246601a8c0%40DESKTOPB4J2HVH.
