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Understanding Tax Benefits for Charitable Donations under Section 80G

Understanding Tax Benefits for Charitable Donations under Section 80G

January 16, 2025 Category: Blog

Section 80G of the Indian Income Tax Act provides certain fiscal incentives for donations made to eligible charitable institutions. This section aims to encourage philanthropy by offering individuals a decrease in their taxable income. To avail of these benefits, it is crucial to grasp the specific provisions and criteria outlined under Section 80G

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