Charitable giving can make a positive impact on society. However, many individuals are unaware of the financial benefits available to them when they contribute to eligible institutions. Section 80G of the Indian Income Tax Act is a clause that offers significant tax exemptions for donations made to recognized charitable trusts. Understanding this

obtain a receipt Tips or some type of prepared acknowledgement from the charity and retain a cancelled Examine or credit card receipt. beneath the law, Exclusive recordkeeping procedures implement to any taxpayer claiming a deduction for a charitable contribution. Observe: more State-of-the-art prepared offering procedures, for example setting up