UNDERSTANDING SECTION 80G TAX BENEFITS FOR CHARITABLE DONATIONS

Charitable giving is a commendable act which social responsibility. When individuals offer to eligible organizations under Section 80G of the Indian Income Tax Act, you not only support society but also enjoy certain tax incentives. Section 80G provides a tax deduction for donations given to registered charitable trusts and institutions. This means

When tax season comes knocking, you want to make the most your return. One effective strategy is to make charitable donations. By contributing to worthy causes, not only are you improving your community, but you can also reduce your taxable income and ultimately increase your refund. It's a win-win situation that allows you to contribute to causes