12AB Registration Benefits: Tax Exemptions & More
Obtaining 12AB registration is crucial for NGOs in India, offering significant benefits that enhance their operational efficiency and credibility. Primarily, it provides income tax exemptions under Sections 11 and 12 of the Income Tax Act, allowing NGOs to allocate more resources towards their charitable activities. Additionally, 12AB registration facilitates the receipt of government and private sector grants, as many funding bodies require this certification for eligibility. For more information visit: https://corpbiz.io/12ab-registration
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