Charitable giving is a noble act that can materially impact the lives of others. However, savvy donors understand the significance of making their contributions efficiently. By leveraging Section 80G benefits, you can not only aid worthy causes but also minimize your tax liability. This section of the Indian Income Tax Act provides fiscal benefits

The legislation now permits folks to use an elevated limit, as much as one hundred% in their AGI, for qualified contributions designed during calendar-12 months 2021. Qualified contributions are contributions designed in funds to qualifying charitable corporations. For retirees seeking to go away an inheritance to the partner or loved ones, it may