Various Ways to Support Our Cause

Methods

Cash, online, in-kind.

Benefits

Tax exemptions.

Programs

Women empowerment.

Detailed Ways to Donate

Donating to Naaz Commercial Institute is simple and impactful. We offer various methods to suit different preferences, ensuring your contribution reaches those in need in rural Bihar.

Online Donations

Online giving is convenient and secure, allowing you to donate from anywhere.

• Credit/Debit Cards: Use Visa, Mastercard, or other cards on our secure website Naaz Commercial Institute Donation Page. Transactions are encrypted for safety.

• UPI/Net Banking: Instant transfers through apps like BHIM, Google Pay, or PhonePe. Enter our UPI ID for quick donations.

• Digital Wallets: Pay through Paytm, Amazon Pay, or other wallets linked to your bank account.

• Crowdfunding Platforms: Support us on Milaap or Ketto, where small contributions add up.

Offline Donations

For those who prefer traditional methods, we have options.

• Cheque/DD: Write a cheque or demand draft in favor of “Naaz Commercial Institute” and mail it to our office address in Bihar.

• Cash Donations: Visit our collection centers in Patna or other locations. Receipts are provided for tax purposes.

• Bank Transfer: Direct transfer to our account. Details available on our website.

Corporate Donations

Businesses can contribute through CSR initiatives.

• CSR Contributions: Under Section 135 of the Companies Act, companies can donate up to 2% of profits. These are tax-deductible under Section 80G.

• Employee Matching Programs: Some companies match employee donations, doubling the impact.

• Partnerships: Collaborate on projects, providing resources or expertise.

In-Kind Donations

Non-monetary contributions are valuable.

• Books and Educational Supplies: Donate textbooks, notebooks, or stationery for our schools.

• Equipment: Computers, projectors, or furniture for training centers.

• Food and Essentials: Supplies for nutrition programs.

• Clothing: For distribution in communities.

Volunteering as a Form of Donation

• Time Donations: Volunteer your skills in teaching, administration, or event organization.

• Skill-Based Volunteering: Offer expertise in IT, marketing, or legal advice.

• Community Service: Participate in our camps and workshops.

Monthly or Recurring Giving

• Recurring Donations: Set up automatic monthly contributions for sustained support.

• Membership Programs: Become a monthly donor for exclusive updates and recognition.

Legal Aspects of Donations in India

Donations to NGOs are regulated to ensure transparency and accountability.

Income-tax Act, 1961

• Section 80G: Allows deductions on donations to approved NGOs. Naaz Commercial Institute is 80G approved, offering 50% deduction on donation amount, subject to 10% of adjusted gross total income.

• Section 80GGA: For donations to scientific research or rural development.

Foreign Contribution Regulation Act (FCRA)

Governs foreign donations. NGOs must register under FCRA for international contributions.

Companies Act, 2013

• CSR Provisions: Companies with ₹5 crore+ turnover must spend 2% on CSR, including donations to NGOs.

Other Regulations

• Trust Act, 1882: For registered trusts.

• Society Registration Act, 1860: For societies.

All donations to Naaz Commercial Institute are transparent, with receipts and annual reports available.

Benefits for Donors

Donating provides personal and societal benefits.

Financial Benefits

• Tax Savings: Claim deductions under Section 80G, reducing taxable income.

• No Minimum: Even small donations qualify for benefits.

Social Impact

• Empowerment: Help youth gain skills and employment.

• Community Development: Support rural Bihar’s growth.

• Personal Satisfaction: Knowing your contribution makes a difference.

Recognition

• Certificates: Tax exemption certificates.

• Updates: Newsletters on program impacts.

• Events: Invitations to appreciation events.

Impact of Donations on Naaz Commercial Institute

Your generosity fuels our mission.

Funded Programs

• Vocational Training: Courses in IT, tailoring, accounting for rural youth.

• Education Initiatives: Schools and libraries in underserved areas.

• Women Empowerment: Literacy and skill programs.

• Health and Nutrition: Camps and supplies.

Achievements

• Trained 5,000+ youth, with 70% employment rate.

• Educated 2,000 children in supplementary programs.

• Empowered 1,000 women through various initiatives.

• Developed infrastructure in 20 villages.

Success Stories

A ₹5,000 donation funded sewing machines, enabling 20 women to start businesses. Another ₹20,000 supported a mobile library, reaching 500 children.

Challenges in Donation Collection

Despite benefits, challenges exist.

Awareness and Trust

• Lack of Awareness: Many don’t know about tax benefits or NGO work.

• Trust Issues: Concerns about fund utilization; we address this with transparent reporting.

Accessibility

• Digital Divide: Rural donors may lack online access.

• Economic Factors: Poverty limits donation capacity.

Regulatory Hurdles

• Compliance: Navigating tax and FCRA regulations.

• Competition: Many NGOs vying for funds.

International Perspectives on Donations

Globally, donation methods vary.

United States

• Tax Deductions: Under Section 170 of the Internal Revenue Code IRS.gov.

• Platforms: GoFundMe, Donor Advised Funds.

United Kingdom

• Gift Aid: Donors can claim back tax on donations HMRC.gov.uk.

• Charitable Trusts: Similar to Indian trusts.

Lessons for India

India can adopt digital platforms and enhance tax incentives to boost giving.

Future of Donations

The landscape is evolving.

Emerging Trends

• Cryptocurrency Donations: Bitcoin, Ethereum for anonymous giving.

• Blockchain for Transparency: Track fund usage in real-time.

• AI-Powered Matching: Platforms matching donors to causes.

• Impact Investing: Blending donations with social returns.

Predictions

• Increased online donations post-pandemic.

• More corporate involvement through CSR.

• Focus on sustainable and measurable impact.

Conclusion

Donating to Naaz Commercial Institute is a meaningful way to support education and empowerment in rural Bihar. Choose the method that fits your lifestyle, and enjoy tax benefits while making a difference.

Call to Action

Choose your way to donate today. Visit Naaz Commercial Institute to start your contribution. Every rupee counts in building a better future.

For more information, contact us at info@naazcommercialinstitute.in.