This Giving Tuesday, consider the impact you can create by supporting your preferred causes. Whether it's a community charity or a international organization, your kindness can genuinely transform communities. Take this opportunity to celebrate the spirit of giving and help create a better future.
Charitable donations are a significant way to contribute causes you care about. But did you know that these contributions can also offer significant tax benefits? In India, Section 80G of the Income Tax Act provides numerous deductions for donations made to eligible organizations.
To fully utilize
A fund or institution is notified for deduction in accordance with portion 80G(5). The assessee should Test the validity of the registration granted to the donee under area 80G(5), which can be verified from an utility supplied by the Income-tax Dept.
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