ADVANTAGES OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a worthy act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain tax exemptions on their contributions made to eligible trusts. These perks aim to motivate individuals and organizations to contribute towards the social well-being of the c

As talked about earlier, donations of $250 and previously mentioned need a official acknowledgment or receipt of your gift. Donor stewardship will involve many gratitude each and every action of just how. When making your donation receipt, ensure to emphasise the impact of the donor’s gift with specificity. Under portion 80G, a taxpayer — per