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

Polling has demonstrated this sort of measure has overpowering public help, with at least sixty four p.c of usa citizens supporting a procedure wherever a federal government agency compensates donors. The regulation now permits electing folks to apply a heightened limit ("Increased Individual Limit"), around 100% of their AGI, for certified contri