Charitable giving is a noble act that can materially impact the lives of others. However, savvy donors understand the importance of making their contributions strategically. By leveraging Section 80G benefits, you can not only contribute to worthy causes but also minimize your tax liability. This section of the Indian Income Tax Act provides tax de

Prior to the passage of the new regulations in the pandemic, the utmost allowable deduction was limited to ten% of an organization's taxable income. The regulation now permits C corporations to apply an Increased company Restrict of twenty five% of taxable income for charitable contributions of cash they've built to qualified charities in 2021. yo