Donations play a pivotal role in supporting various charitable causes and contributing to the societal growth. Section 80G of the Indian Income Tax Act provides tax exemptions for donations made to eligible organizations. Comprehending the nuances of Section 80G is crucial for both donors and recipients, ensuring transparency in charitable givin… Read More

Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially minimize your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social welfare… Read More

As of 2023, the deduction for foods stock is fifteen% for people business owners who donate from their trade to help you Those people in will need, plus the foods supports the acquiring Business’s mission. The donation should also fulfill the necessities with the Federal Food, Drug, and Cosmetic Act. ordinarily, contributions that you ca… Read More