AMPLIFYING YOUR CONTRIBUTIONS: CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial benefits through charitable donations is a noble endeavor that fosters 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 charities . This provision not only minimizes your tax liability but also directs resources

3. Donate domestic products if you need to save money on taxes, be charitable, and thoroughly clean out your basement on the identical time, you may want to think about donating domestic goods. It’s that time of 12 months when taxpayers are serious about how they want to give back, and a lot of taxpayers will would like to donate to some charity