Giving back to your community is a wonderful way to make a difference the world. Also, it can also be a smart financial move by offering valuable tax benefits. By contributing to eligible charities, you can lower your taxable income and save money on your tax bill. Several factors affect the amount of your tax savings, such as the amount you donat
Charitable Donations under Section 80G
Under Indian tax law, Section 80G grants financial incentives to individuals who make generous donations to eligible organizations. These contributions are deducted from your taxable income, effectively reducing the amount of taxes payable. The extent of the deduction depends on the type of organization and the nature of the gift. It's crucial to n