Charitable giving can make a significant 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 clause that offers significant tax relief for donations made to recognized charitable bodies. Understanding this rule
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Yet another misconception would be that the whole price of your donation is often deductible. in some instances, the value of any benefits obtained in exchange for your donation may perhaps reduce the deductible amount. Though your donation might be utilized for a great result in, that does not always mean which you could deduct it. Only contribut