Today is a special day to make a real change. It's simply Giving Tuesday! This annual tradition encourages everyone to donate to causes they care about. Whether it's supporting local businesses, every little bit goes a long way. There are tons of ways to participate. You can select a charity close to your heart. Every contribution, no matter how b
Tax Benefits from Charitable Giving under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make generous donations 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 gift. It's crucial to note tha