80 G income tax exemption for KViK

Posted on

There is good news for the supporters and well-wishers of KViK! We received approval from Income Tax dept for exemption under sec.80 G of Income Tax Act. Any donations to KViK are now eligible for 50% exemption from Income Tax.

Earlier KViK had received exemption from paying Income Tax on revenue surplus generated from its operations, being a ‘not-for-profit’ company under Sec.25 of the Companies Act.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s