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Our Donors say
Catherine Grace
Donors
I think the work you have done for years is amazing, even before meeting Harald you were helping these angels. It must’ve been very tough before. You and these angels prayers have been answered now and hopefully it’s a little easier. We’ll done and much love.
Ramesh Chandra
Donors
After watching YLF videos last year I decided to donate to this truly wonderful cause. The world can become a better place if we all help those who truly need help and I have chosen to do so. God bless your foundation and all the amazing things that you have done and will continue doing in the future!
Catherine Grace
Donors
Tax Exemption Donation Faqs
Tax exemption is the financial exclusion that lowers the taxable income. You can avail wholesome relief from tax or decreased tax rates or tax will be for a certain portion. Tax exemption is therefore a mandatory exemption to a general rule rather than the absence of taxation in certain conditions. Tax exemptions are given to boost certain economic activities.
The deductions under Section 80G are the contributions that you have made to some charitable organisations or institutions. However, not all donations are eligible under this section.
As per the revised tax exemption act, effective April 1, 2017, donations above Rs 500 to Young Leaf will be eligible for a 50% tax exemption under Section 80G of the Income Tax Act. By contributing to Young Leaf, you will help in bringing change in society and also help yourselves with tax deduction benefits.
The exemption is calculated by reducing the donated amount from your taxable salary. For instance, if your taxable income per year is Rs 200,000 and you make a donation of Rs 5,000 then your net taxable income will become Rs 197,500. Your tax will now be calculated on this new amount basis the prevailing tax rates.
A minimum of Rs 500 needs to be donated to avail tax exemption under IT sec 80G.
Yes, you can expect your receipts within 10 days after you have made the donation.
Cash donations above Rs.2,000 are not applicable for 80G certificates.
We generate the tax certificate within 6 days from the date of the contribution made through online donations. If you contribute offline it takes 15 to 20 days.
We may not be able to provide you with a duplicate receipt. But we can send you the Income Tax Exemption certificate copy.
NRI (Non-Resident Indian) donors, who are Indian citizens, holding an Indian passport are eligible to tax exemption under section 80 G of the Income Tax Act. Don’t forget to mention your Indian PAN Card Number in the online donation form to avail the tax benefits. You can also write to donorservice@youngleaf.org for any further queries.
I would like to thank you all your team members for doing such a wonderful work. It feels good to be a part of your organisation by making a small donation. God bless you all. I will share this with my fellow friends and family so that we can get more support and love from the community.