AMPLIFYING YOUR CONTRIBUTIONS: CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial perks through charitable donations is a noble endeavor that promotes responsible wealth management. Under Section 80G of the Income Tax Act, individuals can claim deductions on their income tax returns for contributions made to eligible organizations . This provision not only lowers your tax liability but also channels resources

Donation by an organization to your Indian Olympic Association or some other notified association or institution founded in India to acquire infrastructure for sports and games in India or sponsor sporting activities and game titles in India. typically, itemizers can deduct 20% to 60% of their altered gross income for charitable donations. The exa