India is home to one of the largest populations of vulnerable children. This tax season, you can spread a smile on their faces and save taxes too!!
Vulnerable children account for 170 million or 40 percent of India’s child population. They experience difficult circumstances characterized by their specific social, economic and geopolitical situations, and need special attention. India is home to approximately 30 million children in need of care and protection, probably the highest in the world. COVID has further aggravated this misery with more than 1 lac children having lost their parents and in need to active support. The COVID-19 pandemic continues to leash unprecedented outcomes—affecting public health, livelihoods, the economy, and our ways of living.
For over 5 decades SOS Children Villages of India continues to provide children without parental care or at the risk of losing it, a value chain of quality care services that goes beyond childcare alone, to ensuring comprehensive child development. Our long-term customized care interventions such as, Family Like Care, Special Needs Childcare, Foster Care, Short Stay Homes, Family Strengthening, Kinship Care, Emergency Childcare, Education & Youth Skilling and are aimed at transforming lives and making children into self-reliant and contributing members of society.
Depending on the specific requirements, SOS India is extending recovery assistance to prevent further damage and loss, repair essential services, protect health, provide psychosocial support, restore livelihoods, and enhance food security. We empower vulnerable families in communities to become financially independent, thereby enabling them to create safe and nurturing spaces for children
SOS Children’s Villages of India plans to reach out to 27,000 plus children including their caregivers across 10,000 families in 22 States of India with the ultimate aim to help them rebuild their lives and communities.
Now that you have invested in all other Tax saving options and are wondering about the next best way to get tax benefits, it is time to remember the old adage – no good deed goes unnoticed!
Yes, you can save tax under section 80G of the Income Tax Act by donating to a cause that you care about.
It is in the very nature of most of us to believe in giving back and doing our bit for society. And, we like to make a difference in the lives of people who are less fortunate.
Now, you can also do this while earning tax credits. Section 80G of the Indian Income Tax Act allows you tax deduction on donations made to any charitable organization.
While tax planning is not a fun task for most of us, March is here, and we thought you should know that giving can be a great way to save too!
Join us in ensuring every vulnerable child is supported to their fullest potential!
Spread Smiles, Save Taxes! Save Lives!!