How 80g increases trust among donors
The 80g certificate is therefore important in the development of trust in donors to assure them of the authenticity of an ngo. It guarantees interested donors that their donors are tax deductible which adds more financial value to their gifts. This accreditation signifies the transparency and accountability principal that the ngo ought to implement since it would have to meet certain regulatory criteria. In the process of building confidence in the working of the organization and its purpose the 80g certificate motivates more people and corporates to donate and eventually builds up the fund base of the ngo.