Today is a special day to make a difference. It's simply Giving Tuesday! This annual tradition encourages everyone to contribute to causes they care about. Whether it's volunteering your time, every little bit goes a long way. There are so many ways to participate. You can choose a cause that resonates with you. Every contribution, regardless of s
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants financial incentives to individuals who make philanthropic gifts to eligible organizations. These donations are deducted from your taxable income, effectively reducing the amount of taxes payable. The extent of the deduction depends on the type of organization and the nature of the contribution. It's crucial