Charitable giving is a commendable act which social responsibility. When individuals offer to eligible organizations under Section 80G of the Indian Income Tax Act, you not only benefit society but also receive certain tax benefits. Section 80G provides a tax deduction for donations given to registered charitable trusts and institutions. This means
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When it comes to making a meaningful difference through charitable giving, understanding the intricacies of tax benefits can substantially enhance your overall influence. In India, Section 80G of the Income Tax Act provides taxpayers with a valuable incentive to reduce their tax liability while supporting worthy causes. By making qualified donation