TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a laudable act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain tax exemptions on their contributions made to eligible trusts. These benefits aim to encourage individuals and organizations to contribute towards the social well-being of

through the use of the appropriate tax preparing strategies, charitable contributions can cut down a few forms of federal taxes: income, money gains and estate taxes. almost 9 in ten taxpayers now go ahead and take standard deduction and will potentially qualify to claim a restricted deduction for hard cash contributions.  supply a charitable de