This Wednesday, let's come together and make a change in our community. Even the smallest acts of kindness can have a profound impression on Expert advice others. Reflect about what you can give – whether it's volunteering your time, donating to a worthy cause, or simply lending an helping hand to someone in need. Every act of kindness counts!
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants financial incentives to individuals who make generous donations to eligible organizations. These contributions are subtracted from your overall tax burden, effectively reducing the amount of tax you owe. The extent of the deduction depends on the type of organization and the nature of the gift. It's crucial