Giving back to those in need is a wonderful way to impact the world. But, it can also be a smart financial move by yielding valuable tax benefits. By donating to eligible charities, you can reduce your taxable income and save money on your tax bill. Several factors influence the amount of your tax savings, like the amount you donate, the type of c… Read More

Donating to charitable initiatives is a noble act that can significantly impact society. However, maximizing your charitable effect often involves understanding the tax benefits available. In India, Section 80G of the Income Tax Act provides generous deductions for donations made to eligible institutions. By exploiting this provision, you can not o… Read More