CLAIM TAX BENEFITS WITH 80G DONATIONS

Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially reduce your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social progress. By

As of 2023, the deduction for food items stock is fifteen% for people business owners who donate from their trade that can help People in want, plus the meals supports the obtaining Firm’s mission. The donation should also meet the requirements in the Federal foods, Drug, and beauty Act. Tannahill notes that If your charity doesn’t get the ful