Charitable giving is a noble act that can materially impact the lives of others. However, savvy donors understand the importance of making their contributions strategically. By leveraging Section 80G benefits, you can not only support worthy causes but also reduce your tax liability. This section of the Indian Income Tax Act provides tax deductions

previous to the passage of The brand new legislation in the pandemic, the most allowable deduction was limited to ten% of a company's taxable income. The law now permits C companies to apply an elevated Corporate Limit of 25% of taxable income for charitable contributions of money they've got produced to qualified charities in 2021. competent cata