Understanding Donations under Section 80G

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

read more

Understanding Charitable Donations Under Section 80G

Charitable donations in India can significantly reduce your tax liability under Section 80G of the Income Tax Act. This section provides deductions for contributions made to eligible charitable organizations and trusts registered with the government. To avail these benefits, it is crucial to understand the criteria outlined in Section 80G. Donatio

read more