Giving back to those in need is a wonderful way to impact the world. But, it can also be a smart financial move by offering valuable tax benefits. By giving to eligible charities, you can lower your taxable income and acquire money on your tax bill. Several factors influence the amount of your tax savings, including the amount you donate, the type
Charitable Donations under Section 80G
Under Indian tax law, Section 80G grants financial incentives to individuals who make philanthropic gifts to eligible organizations. These donations are subtracted from your overall tax burden, effectively reducing the amount of tax you owe. The extent of the deduction depends on the type of organization and the nature of the contribution. It's cru