When you contribute to non-profit organizations in India, you not only make a positive impact on society but also gain potential tax benefits. This is where Section 80G of the Indian Income Tax Act comes into play. It allows for deductions on your taxable income when you donate to eligible institutions. charity donation receipt To maximize your tax… Read More

You can also have forward many of your unused deductions over a period of 5 years, If they're the results of qualified donations. A charitable guide rely on (CLT) is an irrevocable rely on that makes payments to one or more charities for the time frame and transfers the remainder fascination to noncharitable beneficiaries, for example, the donor o… Read More