UNLOCKING THE POWER OF GIVING: A GUIDE TO SECTION 80G DONATIONS

Embarking on a philanthropic journey offers immense personal satisfaction. While the desire to contribute is commendable, understanding the nuances of tax benefits tied with charitable donations can significantly enhance your impact. Section 80G of the Income Tax Act provides a framework for eligible donations made to registered charitable organiza

generally, contributions Recommendations that you simply carry ahead are topic to the exact same limitations since the 12 months They are really made. as an example, funds contributions that tumble under the 60% Restrict from the donation year are still subject matter on the sixty% limit within the yr They are really carried more than to. Donation