Section 80G of the Indian Income Tax Act provides financial benefits to individuals who make gifts to eligible charitable organizations. Grasping this section is crucial for both donors and charities, as it can significantly affect their economic standing. Contributions made under Section 80G are tax-deductible from the donor's gross income. This m

Charitable donations in India can greatly reduce your tax liability under Section 80G of the Income Tax Act. This section provides deductions for contributions made to eligible charitable organizations and trusts registered with the government. To avail these benefits, it is crucial to understand the parameters outlined in Section 80G. Donations t