Charitable giving can make a significant impact on society. However, many individuals are unaware of the deductible advantages available to them when they contribute to eligible causes. Section 80G of the Indian Income Tax Act is a provision that offers significant tax reductions for donations made to registered charitable entities. Understanding
Indicators on donation to charity You Should Know
Which payment modes for donations are satisfactory to assert deductions beneath Section 80G? you may make donations or contributions through a draft, cash, or cheque. on the other hand, cash donations above ₹two,000 usually are not included in the charity donation quotes deduction calculation u/s 80G No, persons shelling out hire although not ge