New rules for registration and approval of NGOs w.e.f. 01-04-2021

The Finance Act 2020 has brought in major changes for registration and approval of NGOs by introducing new section 12AB replacing section 12AA and bringing in similar amendments in section 10(23C) and Section 80G. The process of registration and approvals of NGOs is made completely electronic under which a unique registration number (URN) shall be issued to all new and existing charity institutions.The Finance Act 2020 has brought in major changes for registration and approval of NGOs by introducing new section 12AB replacing section 12AA and bringing in similar amendments in section 10(23C) and Section 80G. The process of registration and approvals of NGOs is made completely electronic under which a unique registration number (URN) shall be issued to all new and existing charity institutions.taxmann.com Latest ArticlesRead More

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