Securing financial advantages through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, individuals can claim deductions on their income tax returns for contributions made to eligible organizations . This provision not only lowers your tax liability but also channels resour

Donors can use it to verify that a corporation is tax-exempt and eligible to obtain tax-deductible charitable contributions. Observe: how much to donate for tax purposes This deduction is not readily available if an individual taxpayer opts to pay for taxes under the new tax regime (115BAC). far more to the point, the whole theory that paying peo