Donations to charitable causes have the potential to be a noble act. In India, such donations are exempt from tax under Section 80G of the Income Tax Act, 1961. This provision establishes parameters regarding benefitting from this deduction. In order to guarantee that your donations qualify for tax benefits under Section 80G, it is essen… Read More

Securing your financial future while contributing to societal well-being is a noble aspiration. Gifts under Section 80G of the Income Tax Act empower individuals to achieve just that. This provision offers generous tax benefits, allowing you to reduce your tax liability while advancing worthy causes. Understanding the intricacies of Section 80G … Read More

As of 2023, the deduction for food inventory is 15% for those entrepreneurs who donate from their trade to help All those in need to have, as well as the food items supports the obtaining Corporation’s mission. The donation need to also fulfill the requirements of your Federal Food, Drug, and Cosmetic Act. The compensation we receive fro… Read More