MAXIMIZING YOUR IMPACT : CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial benefits through charitable donations is a noble endeavor that promotes responsible wealth management. Under Section 80G of the Income Tax Act, individuals can claim deductions on their income tax returns for contributions made to eligible non-profits. This provision not only minimizes your tax liability but also allocates resour

Donors can utilize it to verify that a company is tax-exempt and eligible to obtain tax-deductible charitable contributions. Moreover, should you itemize deductions, You may additionally take a charitable deduction for the truthful marketplace worth of the asset when it was donated, up to of thirty% of your respective AGI. As with hard cash donati