Income Tax deduction on donation: Do you give donations to charitable institutions? If yes, you can claim a tax deduction under Section 80G of the Income Tax Act, 1961. The IT department has released ...

The measures to avail of tax deduction on donations made to eligible charities and trusts have changed from the financial year 2022-23. This is different from how donors applied for tax deductions by ...

Remember the famous saying by Anne Frank, “No one has ever become poor by giving”? The same can be said of taxpayers who can claim tax benefits on donations to charitable organizations under Section ...

If you wish to save tax for FY2024-25 then there is still time. However, if you are looking for avenues to save taxes for the financial year, then Section 80G may be beneficial for you in this regard.