12AB Registration Benefits: Why Your NGO Needs It Obtaining 12AB registration is essential for NGOs in India, as it provides significant benefits that enhance their operational effectiveness and credibility. Firstly, it grants tax exemptions under Sections 11 and 12 of the Income Tax Act, allowing NGOs to utilise their income entirely for charitable purposes without tax liabilities. Secondly, this registration supports Foreign Contribution Regulation Act (FCRA) applications by demonstrating the organisation's compliance with regulatory standards, thereby facilitating the receipt of foreign donations. For more information visit: https://corpbiz.io/