Charitable giving is a commendable act that social responsibility. When donations are made to eligible organizations under Section 80G of the Indian Income Tax Act, you not only benefit society but also enjoy certain tax benefits. Section 80G provides a tax deduction for donations contributed to reg

Securing your financial future while contributing to societal well-being is a noble aspiration. Donations under Section 80G of the Income Tax Act empower individuals to achieve just that. This provision offers generous tax benefits, allowing you to offset your tax liability while supporting worthy c

study nine methods to lessen your income taxes in a significant-income 12 months by means of charitable offering. Tannahill notes that if the charity doesn’t get the complete 10%, Possibly thanks to, say, inadequate financial commitment overall performance, the IRS will let you maintain your deduct