Giving back to society is a wonderful way to contribute the world. But, it can also be a smart financial move by yielding valuable tax benefits. By giving to eligible charities, you can lower your taxable income and save money on your tax bill. Several factors determine the amount of your tax savings, like the amount you donate, the type of charit
Charitable Donations under Section 80G
Under Indian tax law, Section 80G grants financial incentives to individuals who make charitable contributions to eligible organizations. These contributions are reduced against your tax liability, effectively reducing the amount of income tax due. The extent of the deduction depends on the How-to type of organization and the nature of the contribu