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 organizations . This provision not only lowers your tax liability but also directs resources t… Read More

enterprises donating food stuff stock that are suitable for the existing Increased deduction (for contributions for the treatment of your unwell, needy and infants) may possibly qualify for amplified deduction limits. For contributions made in 2021, the Restrict for these contribution deductions is elevated from fifteen% to twenty five%. For C comp… Read More