Securing financial perks through charitable donations is a noble endeavor that encourages 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 charities . This provision not only reduces your tax liability but also channels resources t

whenever you produce a donation into a charity, it is possible to feel great about contributing to a need. As an additional benefit, It's also possible to make use of your charitable donations to lower your tax bill. Notice: This deduction just isn't offered if someone taxpayer opts to pay taxes underneath the new tax regime (115BAC). additional