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Grasp Section 80G: Tax Advantages for Charitable Contributions

Grasp Section 80G: Tax Advantages for Charitable Contributions

December 19, 2024 Category: Blog

Section 80G of the Indian Income Tax Act is a crucial provision that provides tax incentives to citizens who make charitable contributions. By donating to registered trusts, you can claim deductions on your taxable income, thereby reducing your overall tax liability. This section outlines the eligibility criteria for donations and the percentage of

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