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 minimize your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social progress.
Sum paid out to your general public sector company, nearby authority, or authorised association or establishment carrying out assignments or strategies authorised less than Section 35AC Similarly, donors within your month-to-month offering program need to get a regular monthly donation receipt acknowledging their contribution together with updates
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