The Foreign Contribution (regulation) Act, 2010 is an act of the Parliament of India, by the 42nd Act of 2010. It is a consolidating act whose scope is to regulate the acceptance and utilisation of foreign contribution or foreign hospitality by certain individuals or associations or companies and to prohibit acceptance and utilisation of foreign contribution or foreign hospitality for any activities detrimental to the national interest and for matters connected therewith or incidental thereto."
Section 80G deductions under Income Tax Act is available for contributions made to certain relief funds and charitable institutions. All charitable donations are not eligible for deduction under section 80G.Only donations made to prescribed funds qualify as a deduction. The Government of India introduced Section 80G deductions to encourage people to donate by providing income tax relief. Under Section 80G, the amount donated is allowed to be claimed as a deduction at the time of filing income tax return. Deduction under Section 80G can be claimed by individuals, partnership firms, HUF, company and other type of taxpayers, irrespective of type of income earned. Trust and institutions registered under Section 80G are provided with a registration number by the Income Tax Department and the donors should ensure their receipt contains this number. This registration number needs to be valid on the date of a particular donation. If the donation is made while the Section 80G registration is not valid, then the donation would not be eligible for deductio
Donation by DD/Cheque in favour of
Payable at Calicut