EXPLORING SECTION 80G TAX BENEFITS FOR CHARITABLE DONATIONS

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

When tax season comes knocking, you want to make the most your return. One effective strategy is to make charitable donations. By donating to worthy causes, not only are you making a difference, but you can also reduce your taxable income and ultimately maximize your refund. It's a win-win situation that allows you to benefit causes you care about