EXPLOITING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable incentives to individuals who donate to eligible charitable causes. This clause allows for a considerable tax relief on donations made, making it a mutually beneficial situation for both the donor and the beneficiary. To successfully utilize this scheme, you should understand the various cr

Cynthia Gaffney began writing in 2007 and has penned tax and finance content articles for numerous various websites. The money or institutions eligible to permit deduction under this provision are specified in the below table. Section 80GGB: Tax deductions for donations manufactured towards the political events or electoral trusts by registered I