With July Comes New Session

Dear All,

With July comes a new session for all, we have planed many new things for this academic session.
Looking at the various achievements, in different area of education, training, sports, music. It is now time to build on them and also venture out new possibilities.

This season we are going to run, various awareness campaign, with Mental Health and Child Care the main thrust area.

Every year we put in advertisement in the local newspaper, this year we are also sharing the same with the on-line crowd. If you know some one need of help and guidance, living in our operational area kindly do tell them to get in touch with us.

Our Address:

Dr. Annie Besant Special (MR) School

“Samarth Parishar”, Reva Bhagvati Nagar, Phase – I, Malakhedi Road,

Hoshangabad

Madhya Pradesh – 461001

Tel: - +91- 7574277155

Email: admin@anniebesantschool.in, icadutta@gmail.com

Web : www.anniebesantschool.in

Donate and Save Tax

Contributing to charities and NGOs allow you to reduce the tax outgo while helping the needy

The idea of contributing to improve the lives of the impoverished and the needy has existed since time immemorial. From companies to individuals, people from all walks of life are known to contribute money for a better future for all. To encourage people to donate for good causes, the Income Tax Department allows one to claim exemption under Section 80G on the amount donated to charities and NGOs.

The concept of donating, whether religious or otherwise, has also been well-documented by international players. "Until the 19th century, giving in India was largely religious in nature and motivated by the search for individual salvation. Later, philanthropy began to be also directed toward social causes such as education and women's rights. Throughout the 20th century, leading Indian industrialists established foundations and other charitable institutions of national importance." 

FOUNDATIONS OR DONATIONS?

Given the size of corporate donations, companies also take steps to ensure that the money is utilised in the best possible way. Hence, it is common for a number of companies to set up their own foundations or charity wings. Pravesh Jain, founder, Paras Foundation and MD, Paras Dyes and Chemicals, says, "To best utilise our resources, we created our own charity wing, The Paras Foundation."

Jain, who has been running an old age home for over three decades, talks about the benefits of establishing own foundation. "It is easy to monitor and evaluate. Though we usually do not donate to other charities, there have been times when we have done so after evaluating the organisation's track record, ethics and dedication," he adds. Rohit Shah, CEO, GettingYouRich, says, "When clients donate, they often have no way to monitor the use of their money." He points out that organisations like www.giveindia.org provide regular updates. For example, if someone opts to pay the education fee of a girl, the NGO sends him regular progress reports.