Charitable donations hold a significant place in the Indian tax framework, particularly under Section 80G of the Income Tax Act. This section allows taxpayers to claim deductions on their taxable income for contributions made to eligible charitable organizations. Understanding the intricacies of Section 80G is crucial for individuals and businesses
Grasping Charitable Donations Under Section 80G
Charitable donations in India can greatly reduce your tax liability under Section 80G of the Income Tax Act. This section offers deductions for contributions made to eligible charitable organizations and trusts registered with the government. To entitle these benefits, it is crucial to understand the requirements outlined in Section 80G. Donations