ELEVATING YOUR GIVING : CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial advantages through charitable donations is a noble endeavor that encourages responsible wealth management. Under Section 80G of the Income Tax Act, individuals can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only reduces your tax liability but also channels resour

What Are "Quid Pro Quo" Contributions "Quid Professional quo” donations are Those people for which the donor gets an financial benefit like products or services in return with the present. as an instance a donor receives a T-shirt in return for your donation. As of 2023, the deduction for foods inventory is 15% for those business owners who dona