ELEVATING YOUR GIVING : CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial perks through charitable donations is a noble endeavor that promotes responsible wealth management. Under Section 80G of the Income Tax Act, taxpayers can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only reduces your tax liability but also channels resources to ca

Exactly what are "Quid Pro Quo" Contributions "Quid Professional quo” donations are People for which the donor receives an economic benefit which include items or services in return for that reward. as an example a donor gets a T-shirt in return for a donation. As of 2023, the deduction for meals inventory is 15% for the people entrepreneurs who