TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

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

Observe: extra Highly developed planned providing methods, for example setting up A non-public foundation or maybe a charitable lead/remainder belief are exterior the scope of this post. To discuss your individual scenario, we propose you Get hold of your financial advisor and estate scheduling attorney. The legislation now permits electing folks