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

Note: extra advanced planned offering tactics, for example starting a private Basis or possibly a charitable guide/remainder belief are outdoors the scope of this article. To discuss your personal circumstance, we recommend you Get in touch with your fiscal advisor and estate setting up legal professional. WASHINGTON — The Internal profits serv