Charitable giving can make a significant impact on society. However, many individuals are unaware of the tax incentives available to them when they contribute to eligible causes. Section 80G of the Indian Income Tax Act is a regulation that offers significant tax exemptions for donations made to approved charitable trusts. Understanding this rule

Connected finance ecosystem for course of action automation, greater Command, higher savings and productivity So, a gift straight to a relative or other unique is not going to qualify for your tax deduction. Donations to private crowdfunding campaigns, for instance as a result of GoFundMe, also will never qualify, as They can be generally thought