AMPLIFYING YOUR CONTRIBUTIONS: CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial benefits through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, contributors can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only lowers your tax liability but also allocates resources

Donation by an organization to your Indian Olympic Association or every other notified association or institution recognized in India to establish infrastructure for sports and game titles in India or sponsor athletics and game titles in India. typically, itemizers can deduct 20% to 60% of their modified gross income for charitable donations. the