Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially lower your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social development.
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Photocopy of the portion 80G certificate :- Check out the validity duration of the 80G certification. Always insist with a photocopy with the 80G certificate in addition to the receipt. These deductions are intended to encourage philanthropy and encourage social welfare routines. issue to specified ailments, taxpayers can minimize their taxable in