You can claim tax benefits by declaring the donation you made to Payir, when you file your Income Tax in India. Under Section 80G of the Indian Income Tax Act, you can avail of tax exemption for upto 50% of your donation.
Since the deduction can vary depending on your income structure, we suggest you consult a Chartered Accountant to determine the exact reduction in income tax in your case. In order to claim this benefit, you might have to provide the following at the time of filing your income tax:
(valid for donations made on or after Apr 1, 2010)
(valid for donations made on or after Apr 1, 2010)
Please make use of the above information as necessary when filing your Income Tax. If you have any questions or suggestions, please write to us at donations@payir.org.