ELEVATING YOUR GIVING : CHARITABLE DONATIONS UNDER SECTION 80G

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

What exactly are "Quid Pro Quo" Contributions "Quid pro quo” donations are All those for which the donor receives an financial benefit for example items or expert services in return for that reward. for example a donor gets a T-shirt in return to get a donation. In the case of very appreciated property, these tax savings could exceed the amount