What are the tax benefits for donations?
World Vision India is a non-profit organisation, aiming to bring lasting change in the lives of the most vulnerable children in terms of health care, education and so on. World Vision India offers you a way to both empower lives and save tax through child sponsorship and other means of giving.
All contributions/donations to World Vision India are eligible for tax exemption under 80G. But tax benefits alone should not be the reason to support a charity. World Vision India also does not encourage people to give based on the benefits for donation under section 80G alone. We urge you to give because we know that you have the capacity to save a life.
Tax benefits aside, meet Sudha Devi, just a couple of years back, the family was plagued with all kinds of sickness. “We felt so helpless,” she says with face full of emotions.
Sudha Devi was chosen for the World Vision India’s Graduation Model, a programme designed to address the many challenges of poverty by boosting livelihoods, income, and health among the ultra-poor families. It is to promote self-employment activities such as animal rearing or petty trading. As a beneficiary of the project, Sudha Devi chose rearing buffalo over petty shop and sewing machine. It has helped in a way she had not thought of before. “We use firewood to cook, so earlier and we would spend a lot of time collecting fallen woods and twigs. Not so much now. We use cow dung for cooking,” she said. That buffalo soon gave birth to a calf and she could feed milk to her children.
She has also bought two goats and few household items like trunk box and chairs. “Now I feed my children three times a day. I have also learned about the importance of saving money for our future. I have an account and we have saved some money for times of emergencies,” said Sudha Devi.
Through the Graduation Model, Sudha and many others were trained on many aspects of self-sustenance and improving life’s quality. “We have been taught a lot on hygiene at home and I have put it into practice too. Earlier my children were frequently sick but now they are healthy. The most important thing I have learned is to support my children and encourage them to learn,” said Sudha Devi.
She now deposits her savings at the bank for her children’s education. So far she has been able to save up to Rs. 9000. “It’s okay for a woman to earn and men’s mindsets are changing too,” she says.
“At the first meeting I was so afraid,” said Sudha Devi and breaking into laughter and continued, “I had never been to any such meeting. I know what I should do for my children now.”
Like Sudha Devi so many women and men in the communities are empowered through World Vision India’s interventions. This story is evident that supporting World Vision India’s programmes not only helps save tax but lives too. Tax exemption for donation under section 80G is trivial when compared to the value you add to a life.
