Section 80G of the Indian Income Tax Act provides tax benefits to individuals who make contributions to eligible charitable organizations. Grasping this section is crucial for both donors and charities, as it can significantly impact their financial standing. Donations made under Section 80G are tax-exempt from the donor's total income. This means … Read More
When it comes to making a meaningful impact through charitable giving, understanding the intricacies of tax benefits can greatly enhance your overall effect. In India, Section 80G of the Income Tax Act provides taxpayers with a valuable incentive to reduce their tax liability while supporting worthy causes. By making tax-deductible donations to reg… Read More