TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

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

Contributions have to really be paid out in cash or other property ahead of the close of one's tax year for being deductible, regardless of whether you utilize the cash or accrual strategy. guarantee a clear separation of obligations to stop concentration of electricity charity to donate hair and lessen the potential risk of glitches or fraudulent