Features of Ngo registration driving benefits for recognition and sustainable growth.
Characteristics of registration of ngo is the foundation of recognition and credibility to any non-profit making organization. An ngo registration process has formal status as a legitimate organization when it is registered under a legal framework, be it as a Trust, Society or Section 8 Company. This awareness is an essential aspect because it enables the organization to operate freely in the minds of the donors, government agencies and beneficiaries of its services. Registration is a requirement of a structured governance whereby ngos are required to keep good records, audit and have the reports submitted after every year of which is accountable and disciplined in its operation. Eligibility to tax exemptions, such as provisions on Section 12A and Section 80G, is another important characteristic as it allows ngos to save and provides an incentive to make more contributions because of tax exemption. Such legal characteristics attract both national and international donors to registered...