Today is Giving Day to make a difference. It's officially Giving Tuesday! This annual tradition encourages everyone to donate to causes they believe in. Whether it's supporting local businesses, every little bit goes a long way. There are countless ways to participate. You can select a charity close to your heart. Every contribution, no matter How
Tax Benefits from Charitable Giving under Section 80G
Under Indian tax law, Section 80G grants deductible benefits to individuals who make generous donations to eligible organizations. These donations are deducted from your taxable income, effectively reducing the amount of income tax due. The extent of the deduction depends on the type of organization and the nature of the donation. It's crucial to n