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One hundred per cent deduction for donation to National Children’s Fund

Under the existing provisions of section 80G an assessee is allowed a deduction from his total income in respect of donations made by him to certain funds and institutions. The deduction is allowed at the rate of fifty per cent of the amount of donations made except in the case of donations made to certain funds and institutions specified in clause (i) of sub-section (1) of section 80G, where deduction is allowed at the rate of one hundred per cent. In the case of donations made to the National Children’s Fund, deduction is allowed at the rate of fifty per cent of the amount so donated.

Donations to Funds which are of national importance have been generally provided a deduction of one hundred per cent of the amount donated. Since the National Children’s Fund is also a Fund of national importance, it is proposed to allow hundred per cent deduction in respect of any sum paid to the Fund in computing the total income of an assessee.

This amendment will take effect from 1st April, 2014 and will, accordingly, apply in relation to assessment year 2014-15 and subsequent assessment years.

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9 Comments

  1. Baby Kamath says:

    Our Sir wants to donate sum amounts to National Illness Assistance Fund and National Children’s Fund. Please let me know in what name should write the Cheque and which address the cheque should be dispatched. Kindly reply by email: [email protected]
    Please send the details at the earliest. Thanks.

  2. sajid ibrahil says:

    hii
    i m moral social welfare society
    reg. no. 221/1995-96 date 21/08/1995
    80-G rag.date 19-05-2010
    alredy a
    education poor childerns in ghair kamriddin khan nalapar rampur up 244901
    i request u please donate our ngo

  3. SUDHEER AGASHE says:

    i WANT TO KNOW IF DONATION TO NATIONAL CHILDREN’S FUND IS NOW ELIGIBLE FOR 100 % DEDUCTION UNDER 80G WITHOUT ANY LIMIT.CAN I DONATE BY CHEQUE ? IF SO IN WHAT NAME SHOULD I WRITE THE CHEQUE AND TO WHAT ADDRESS SHOULD I SEBD IT BY COURIER ? KINDLY INTIMATE BY E-MAIL.THANKS.
    SUDHEER AGASHE

  4. Usha A Iyer says:

    I want to donate for education of poor children. Is there any institute in India to whom I can donate and can get 100% exemption under 80G. Please send details.

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