Charitable giving can make a constructive impact on society. However, many individuals are unaware of the tax incentives available to them when they contribute to eligible institutions. Section 80G of the Indian Income Tax Act is a regulation that offers significant tax exemptions for donations made

Planning your taxes and looking for ways to reduce your tax liability? Donating to non-profit organizations is a fantastic way to give back and potentially maximize your refund. By making a deductible contribution, you can claim a deduction on your tax return, putting more money back in your funds.

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Many nonprofits skip inventorying the donated objects if the goods are donated and bought in the exact fiscal 12 months, so don’t ignore to file things when you get them. Our colleague Kelsey Piper has stated that by the time a catastrophe has struck, it’s typically also late to improve catastrophe