Today is a special day to make a difference. It's absolutely Giving Tuesday! This day of generosity encourages everyone to donate to causes they believe in. Whether it's supporting local businesses, every little bit counts. There are countless ways to participate. You can find an organization that aligns with your values. Every contribution, big o
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants deductible benefits to individuals who make charitable contributions to eligible organizations. These gifts are reduced against your tax liability, effectively reducing the amount of income tax due. The extent of the deduction depends on the type of organization and the nature of the donation. It's crucial t