Section 80G of the Indian Income Tax Act provides valuable benefits to citizens who give to eligible charitable organizations. This section allows for a substantial tax relief on donations made, making it a win-win situation for both the donor and the beneficiary. To optimally utilize this benefit, it's comprehend the various donation to charity fo

ahead of the passage of the new laws in the course of the pandemic, the utmost allowable deduction was restricted to 10% of an organization's taxable income. The regulation now permits C businesses to apply a heightened Corporate Limit of 25% of taxable income for charitable contributions of money they may have designed to suitable charities in 202