Donations towards charitable causes are a noble act. In India, such donations may be tax-deductible under Section 80G of the Income Tax Act, 1961. This section outlines parameters regarding benefitting from this deduction. In order to ensure that your donations are eligible for tax benefits under Section 80G, it is crucial to check the registratio
Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially reduce your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social development.
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