INCENTIVES 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 deductions on their contributions made to eligible trusts. These perks aim to encourage individuals and organizations to contribute towards the social well-being of the co

Donation by a corporation to the Indian Olympic Association or almost every other notified association or institution set up in India to develop infrastructure for sports and games in India or sponsor sports activities and online games in India. Also, you may deduct the reasonable market value of the belongings at some time from the donation, offe