Giving back to society is a wonderful way to contribute the world. Also, 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 acquire money on your tax bill. Many factors affect the amount of your tax savings, such as the amount you donate, the type of chari
Tax Benefits from Charitable Giving under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make generous donations to eligible organizations. These contributions 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 donation. It's crucial to