Today is a special day to make a real change. It's simply Giving Tuesday! This day of generosity encourages everyone to contribute to causes they care about. Whether it's volunteering your time, every little bit counts. There are so many ways to participate. You can choose a cause that resonates with you. Every contribution, no matter how big or s
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make philanthropic gifts to eligible organizations. These gifts are reduced against your tax liability, effectively reducing the amount of taxes payable. The extent of the deduction depends on the type of organization and the nature of the donation. It's crucial to note that