A generous donation of Rs. 2000 to the Honavar Foundation not only demonstrates your commitment to making a positive impact but also comes with a special perk. As a token of our appreciation, you’ll have the exclusive opportunity to engage in a 30-minute online call with Trustee Sandeep Hegde.
Your generous donation of Rs. 2000 to the Honavar Foundation not only supports impactful initiatives but also comes with a significant perk for your financial planning. Under Section 80G of the Income Tax Act, the Government of India acknowledges and rewards your philanthropy by offering a 50% deduction on the donated amount.
This means that you can reduce your taxable income by 50% of the donated sum, providing you with a tangible financial benefit while contributing to a noble cause. Your commitment to making a positive impact doesn’t just extend to the lives touched by the Honavar Foundation but also reflects in your tax planning strategy.
By leveraging the 80G benefit, you not only become a catalyst for change but also optimize your tax liability, ensuring that your generosity goes even further. It’s a powerful combination—supporting a cause you believe in and making a positive impact on your financial bottom line. Join hands with the Honavar Foundation, and let your contribution echo through the realms of both compassion and fiscal responsibility.
We do not accept anonymous donations and it will be mandatory to provide your PAN number.
Your donation will be reported to Income Tax Department along with your PAN and we will issue FORM NO. 10BE.
Form 10BE is a certificate of donation under clause (ix) of sub-section (5) of section 80G and under clause (ii) to sub-section (1A) of section 35 of the Income-tax Act, 1961. Using this you can claim 50% deduction on your taxable income while filing your ITR.