Today is a special day to make a real change. It's officially Giving Tuesday! This annual tradition encourages everyone to contribute 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 find an organization that aligns with your values. Every contribu
Tax Benefits from Charitable Giving under Section 80G
Under Indian tax law, Section 80G grants deductible benefits to individuals who make generous donations to eligible organizations. These gifts are deducted from your taxable income, 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 that