Charitable giving is a noble act that can greatly impact the lives of others. However, savvy donors understand the significance of making their contributions efficiently. By leveraging Section 80G benefits, you can not only contribute to worthy causes but also reduce your tax liability. This section of the Indian Income Tax Act provides fiscal bene

Prior to the passage of the new legislation over the pandemic, the maximum allowable deduction was restricted to ten% of a corporation's taxable income. The regulation now permits C businesses to use a heightened Corporate Restrict of 25% of taxable income for charitable contributions of money they have got designed to eligible charities in 2021.