The History and Evolution of 12a Registration in India
12a registration in India, decisive for non-or-I companies, originated from the Income Tax Act of 1961 which provides tax exemption to charitable institutions. This provision enabled the ngo to perform with almost tax liabilities which promotes a strong environment for philanthropy and social work. Over the years, this process has become advanced the introduction of digital packages and strict compliance norms. The amendment in 2020 was to simplify procedures and beautify duties which dedicate the government's dedication to help real charitable sports at the same time. Today, 12a registration is important for non-governmental organizations to grow financially and contribute properly to society.