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

When it comes to making a meaningful difference through charitable giving, understanding the intricacies of tax benefits can greatly enhance your overall impact. 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 tax-deductible donations … Read More