Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially lower your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social progress. By
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Receipts made up of the registered identify on the trust, name in the income tax payer and degree of donation, the registered number supplied via the Income Tax Division. Generally, itemizers Recommendations can deduct twenty% to sixty% of their adjusted gross income for charitable donations. The exact percentage relies on the kind of qualified
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