MAXIMIZING YOUR IMPACT: UNDERSTANDING CHARITABLE DONATIONS UNDER SECTION 80G

Embarking on a philanthropic journey can be fulfilling. While the desire to contribute is commendable, understanding the nuances of tax benefits linked with charitable donations can boost your impact. Section 80G of the Income Tax Act provides a framework for eligible donations directed towards registered charitable organizations. By harnessing thi

No, deduction underneath portion 80G just isn't readily available for donation to political party and in addition to any entity engaged in scientific investigate. A small detail – but just the detail I essential. Potentially others need exactly the same data….. Thanks for your posts! The receipt might be a letter, a postcard, an e-mail inform