LEVERAGING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable benefits to citizens who contribute to eligible charitable organizations. This clause allows for a significant tax reduction on donations made, making it a advantageous situation for both the giver and the beneficiary. To optimally utilize this scheme, one must understand the various criter

nevertheless, In the event the charity sells the car at a major discount to a needy person, or retains the car for its have use, You'll be able to assert a deduction for its honest sector price. Food banking institutions, shelters and charities have shared urgent alerts for meals donations to take care of individuals in will need during the pandem