LEVERAGING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable benefits to individuals who contribute to eligible charitable organizations. This provision allows for a significant tax deduction on donations made, making it a advantageous situation for both the giver and the organization. To successfully utilize this provision, you should comprehend the

generally, contributions to charitable businesses can be deducted around fifty p.c of modified gross income computed without regard to Internet running decline carrybacks.  Contributions to specified non-public foundations, veterans corporations, fraternal societies, and cemetery companies are limited to thirty per cent altered gross income (co