Akshaya Patra Articles

 Donating to charity is a noble gesture and also paramount to a nation’s sustainable development. It enables those with limited opportunities to lead better lives and transcend socioeconomic boundaries. Donations for resources like mid-day meals, clean water, shelter, education and medical care also actualise the donor’s belief in an inclusive society where everyone enjoys equal rights and productively contributes to their nation’s growth. Thus, countries worldwide promote such constructive charitable contributions by allowing tax deductions on them. In India, Section 80G of the Income Tax Act, 1961 permits taxpayers to claim a deduction on their donation to registered non-profit organisations and certain relief funds. This clause has noteworthy benefits that eventually fan out from the taxpayer to the entire nation.  Benefits of Section 80G Giving = Saving Giving to those in need becomes more rewarding with provisions like Section 80G. It not only uplifts the donor emotionall...

 The Corporate Social Responsibility (CSR) landscape has evolved beyond a mere business concept, transforming into a strategic imperative for companies. Recognising the potential synergy between Non-Governmental Organisations (NGOs) and corporations, this collaboration presents a distinctive CSR opportunity. By aligning interests, these partnerships contribute to sustainable development and societal well-being. Planning CSR Activities Unlocking the CSR opportunity requires a systematic approach to planning. Identifying common goals between NGOs and corporations is paramount. Open communication and a shared understanding of societal challenges lay the groundwork for targeted and effective collaboration. Through need assessments, both parties leverage their strengths to tailor initiatives that make the most of the CSR opportunity, ensuring a purposeful impact. Identification of Common Goals The journey begins with identifying shared values and common goals. Open communication and a m...