Today is the perfect opportunity to make a real change. It's officially Giving Tuesday! This annual tradition encourages everyone to give back to causes they care about. Whether it's donating to a charity, every little bit makes a difference. There are countless ways to participate. You can choose a cause that resonates with you. Every contributio
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants deductible benefits to individuals who make philanthropic gifts to eligible organizations. These gifts are subtracted from your overall tax burden, effectively reducing the amount of income tax due. The extent of the deduction depends on the type of organization and the nature of the contribution. It's cruci