Donations for charitable causes can be a laudable act. In India, these donations may be tax-deductible under Section 80G of the Income Tax Act, 1961. This provision establishes guidelines regarding claiming this deduction. To ensure that your donations qualify for tax benefits under Section 80G, it

Securing your financial future while contributing to societal well-being is a noble aspiration. Gifts 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 cause

Learn about 9 approaches to scale back your income taxes inside a large-income calendar year through charitable giving. Contributions have to basically be compensated in funds or other residence ahead of the close of the tax yr being deductible, no matter whether you employ the cash or accrual proc