LEVERAGING TAX BENEFITS FOR CHARITABLE DONATIONS UNDER SECTION 80G

Section 80G of the Indian Income Tax Act provides valuable benefits to individuals who give to eligible charitable organizations. This section allows for a considerable tax relief on donations made, making it a mutually beneficial situation for both the donor and the organization. To optimally utilize this provision, you should understand the vario

Which payment modes for donations are satisfactory to assert deductions underneath Section 80G? You can make donations or contributions by means of a draft, cash, or cheque. on the other hand, cash donations above ₹2,000 usually are not A part of the deduction calculation u/s 80G It’s crucial that you implement an inner policy for donated obje