This Giving Tuesday, consider the impact you can create by donating your preferred causes. Whether it's a nearby charity or a international organization, your contribution can truly make a difference. Take this opportunity to celebrate the spirit of giving and help shape a better future. Join the movement on social media using #GivingTuesday and m
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make charitable contributions to eligible organizations. These gifts are subtracted from your overall tax burden, effectively reducing the amount of income tax due. The extent of the deduction depends on the type of organization and the nature of the contribution. It's cruci