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