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 tax exemptions on their contributions made to eligible institutions. These incentives aim to stimulate individuals and organizations to contribute towards the social well-

needless to say, not a soul donates to charity just for the tax benefit. But any tax savings can inspire all the more giving—and undertaking perfectly when carrying out very good holds a lot of appeal. Allow me to share 3 tax-smart strategies to donate.   based on the IRS, here's how much You need to have produced in 2023 being required to fil