UNDERSTANDING SECTION 80G TAX BENEFITS FOR CHARITABLE DONATIONS

Charitable giving is a commendable act which social responsibility. When donations are made to eligible organizations under Section 80G of the Indian Income Tax Act, you not only benefit society but also enjoy certain tax advantages. Section 80G provides a tax deduction for donations made to registered charitable trusts and institutions. This means

When tax season comes knocking, you want to optimize your return. One effective strategy is implementing charitable donations. By contributing to worthy causes, not only are you helping others, but you can also reduce your taxable income and ultimately increase your refund. It's a powerful tool that allows you to contribute to causes you care about