Giving back to society is a wonderful way to make a difference the world. Furthermore, it can also be a smart financial move by offering valuable tax benefits. By donating to eligible charities, you can reduce your taxable income and save money on your tax bill. Many factors influence the amount of your tax savings, including the amount you donate
Tax Benefits from Charitable Giving under Section 80G
Under Indian tax law, Section 80G grants deductible benefits to individuals who make charitable contributions to eligible organizations. These gifts are reduced against your tax liability, 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 crucia