ADVANTAGES OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a laudable act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain reliefs on their contributions made to eligible charitable organizations. These incentives aim to stimulate individuals and organizations to contribute towards the social

Last week I shared an summary about recording non-cash gifts and The chance for the nonprofit Firm to correctly present the kinds and price of contributions it gets to assistance its mission.  A brief description in the disclosure and substantiation needs for contributions to charitable businesses. part 80G in India pertains to income tax deduct