AMPLIFYING YOUR GENEROSITY: SECTION 80G AND CHARITABLE CONTRIBUTIONS

Embarking on a philanthropic journey offers immense personal satisfaction. While the desire to contribute is commendable, understanding the nuances of tax benefits associated with charitable donations can boost your impact. Section 80G of the Income Tax Act provides a framework for eligible donations made to registered charitable organizations. By

There are a lot of nuances when it comes to submitting taxes, so here are a few things to bear in mind when deducting your donations: So, a present straight to a relative or other individual is not going to qualify for the tax deduction. Donations to non-public crowdfunding campaigns, which include by GoFundMe, also will not qualify, as they are c