ELEVATING YOUR GIVING : CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial perks through charitable donations is a noble endeavor that encourages responsible wealth management. Under Section 80G of the Income Tax Act, taxpayers can claim deductions on their income tax returns for contributions made to eligible organizations . This provision not only reduces your tax liability but also directs resources

Charitable remainder trusts are irrevocable trusts that allow you to donate property to charity and attract annual income for life or for a particular time frame. It’s that time of calendar year when taxpayers are thinking about how they want to give again, and several taxpayers will need to donate to some charity Meaning a thing to them. The IR