TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Tax Benefits of Charitable Donations under Section 80G

Charitable donations in India are recognized as a noble act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain tax exemptions on their contributions made to eligible charitable organizations. These benefits aim to encourage individuals and organizations to contribute towards the socia

read more

tax benefits for donations Fundamentals Explained

through the use of the proper tax setting up approaches, charitable contributions can lessen a few varieties of federal taxes: income, capital gains and estate taxes. within the kidney case, the identical would most likely be true. A recent survey performed with the National Kidney Donation Corporation (which signifies dwelling kidney donors) of 2

read more