Why Donating Money to NGOs Leads to Development of the Society and Individual

HelpAge India

Why Donating Money to NGOs Leads to Development of the Society and Individual They say giving is easy but giving it in the right way takes time. The perils of a developing country like India are monumental in numbers, but that doesn’t mean that the progressive work of alleviating them is not being done. A non-profit organisation labours day-in and day-out to work for the betterment of the society and India has a lot of NGOs many of whom are solemnly dedicated. But for the organisations to survive, they require funding which comes in the form of donations. The capital obtained serves not just the remuneration but also ethical investment for those whose lives are at stake. That’s why there is a reason to create urgency among responsible citizens like you who contribute significantly towards the country’s progress. The following points discuss the need for donation (especially in these hours).

Moral Contentment A sense of gratification is the most valuable token of gift you can present yourself. If you can help even a single being with your money, it can bring a sea of change. In our country, there are individuals without the basic amenities, children with no parental support, homeless senior citizens and millions of other who are battling different issues. Giving donations to NGOs who not just act as mediators between you and the recipient(s) but also ensure the thorough improvement in the sufferer’s life, is a serious thing and that is a sign of positivity for everyone involved but most importantly giving you inner satisfaction and also the motivation to contribute further.

Be a part of the Society Donations don’t imply only giving the money, if correctly utilised, you actually are being a part of something bigger. The society does a lot for every individual therefore, there comes a time when we need to return the favour. People like you who are probably earning well, living in cosmopolitan cities

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HelpAge India are aware of the dire situations in which many people of our society are dwelling, so this should serve as a motivating factor to do something better. Also, the NGOs which are leaving no stone unturned for the benefit of these people, require your help the most as the more they receive from likeminded people like you, the more flexible it becomes for them to achieve their mission.

Earn Tax Benefits Monetary donations have a lot of advantages as well in the form of tax benefits. When you’re contributing in the form of cheque or cash, you are liable to a donation tax exemption or deduction depending on the donation type and your mode of payment.

Cash donations amounting up to ₹2,000 can earn you deductions, but if the (cash) amount exceeds the mark, you won’t receive the privileges. This is as per Donation under 80G of the IT Act, 1961. Any other amount exceeding ₹2,000 should be made other than cash to receive exemptions from tax under Sec. 80G. The amount has been reduced from ₹10,000 to ₹2,000 from FY 2017-18 onwards to stop fraud tax filers to submit forged donation receipts. There was a provision to earn tax benefits from donation under sec 35 AC, but since FY 2017-18, it has been discontinued.

Economic Growth You accord a particular NGO with your money. They, in turn, utilise it to help a certain section of people which can include helping an underprivileged group in some rural area or helping women from the economically backward sections, providing education to orphans, etc. and empowering them which will help our nation to grow economically. It’s because of your help that these institutions will be able to create leaders for tomorrow.

Every single penny you bestow is counted, and it always works as an indefatigable process carried out by the NGOs, so that the grieving persons can lead a better life than they're currently in. Hope you share your experience with us once you have donated.

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HelpAge India C-14, Qutab Institutional Area New Delhi - 110016