When you contribute to non-profit organizations in India, you not only make a valuable impact on society but also gain potential tax advantages. 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. To maximize your tax savings, it's crucial
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By earning appropriately structured presents and donations, you are able to take away property out of your estate ahead of the total is tallied and taxed. the truth is, you have an infinite charitable deduction In case your estate program makes presents to charities. exactly what is a Charitable Donation? A charitable donation is a present of cash