Section 80G of the Indian Income Tax Act provides fiscal benefits to individuals who make contributions to approved charitable organizations. Understanding this section is crucial for both donors and charities, as it can significantly influence their fiscal standing. Contributions made under Section 80G are tax-exempt from the donor's total income.… Read More
When it comes to making a meaningful difference 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 incentive to reduce their tax liability while supporting worthy causes. By making eligible donations to… Read More