Today is Giving Day to make a positive impact. It's absolutely Giving Tuesday! This day of generosity encourages everyone to contribute to causes they believe in. Whether it's supporting local businesses, every little bit counts. There are so many ways to participate. You can choose a cause that resonates with you. Every contribution, no matter ho
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make philanthropic gifts to eligible organizations. These donations are deducted from your taxable income, effectively reducing the amount of taxes payable. The extent of the deduction depends on the type of organization and the nature of the contribution. It's crucial to no