Embarking on a philanthropic journey offers immense personal satisfaction. While the desire to contribute is commendable, understanding the nuances of tax benefits tied with charitable donations can amplify your impact. Section 80G of the Income Tax Act provides a framework for eligible donations benefiting registered charitable organizations. By u
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” But bear in mind that these donations are prevalent method at the conclusion of 12 months, so don’t depart it until the last second as the gift will very likely require some paperwork to authorize the donation. Many investment companies and charitable institutions give clients and donors guidance in establishing, or donating to, these trusts