Subscribe to newsletter
 
 List of  Certified NGOs
 
 
 
Payroll Giving FAQs - Deduction Query - Share a part of your salary with GiveIndia
Payroll Giving FAQs
  Matching company contributions

Help Centre  >  Payroll Giving programme  >  Deducting  >  Matching company contributions

 

My company is matching my deductions? How will this work when I make a donation?

In such a case, when you make a donation, your company's contribution is first taken into consideration and then your individual contribution (subject to the total donation amount). Your company will get a receipt for its contribution and you separately for your individual contribution.

For example, if over five months you deducted Rs200 totalling Rs1,000 and your company did the same, you would have a total of Rs2000 in your account. If you made a donation of Rs1000, the receipt for the Rs1000 would go to the company. Then if you made two donations of Rs500 each, you would get the receipts for those donations.



Copyright © 2009 GiveIndia.org. All rights reserved.   Disclaimer   UK Tax Payer  US Tax Payer