Today is Giving Day to make a difference. It's absolutely Giving Tuesday! This annual tradition encourages everyone to give back to causes they believe in. Whether it's volunteering your time, every little bit goes a long way. There are countless ways to participate. You can choose a cause that resonates with you. Every contribution, regardless of
Tax Deductions for Philanthropic Contributions under Section 80G
Under Indian tax law, Section 80G grants tax advantages to individuals who make philanthropic gifts to eligible organizations. These donations are deducted from your taxable income, effectively reducing the amount of income tax due. The extent of the deduction depends on the type of organization and the nature of the gift. It's crucial to note that