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 minimize your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social developmen

Specific principles use to donations of selected different types of residence including cars, inventory and particular other readily valued property. To find out more, check with Publication 526. For information on identifying the value within your noncash contributions, refer to Publication 561. folks could deduct skilled contributions of as many