80g registration impact on business

80g registration below the Income Tax Act in India affects the corporations on a large scale by increasing their credibility and enabling tax benefits. Firms that perform philanthropic activities can attract guides from donors, as 80g are eligible for contributing to the registered institutions. It does not promote a stunning logo photo but also encourages corporate social obligations. In addition, registration can improve the family network members and the employee can boost morale which is in a business position as a socially responsible unit in the competitive market.