Section 80G of the Indian Income Tax Act provides financial benefits to individuals who make gifts to eligible charitable organizations. Grasping this section is crucial for both donors and charities, as it can significantly affect their fiscal standing. Contributions made under Section 80G are tax-exempt from the donor's income tax. This means tha… Read More

When it comes to making a meaningful contribution 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 … Read More