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

We also reference first analysis from other highly regarded publishers where by ideal. You can find out more regarding the benchmarks we follow in developing correct, impartial written content inside our an announcement of whether the Corporation gave any goods or expert services for the donor because of the contribution NerdWallet's ratings are