Category: 80G
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10 FAQs on tax savings and 80G deduction on your charitable donations
IN India’s philanthropic landscape, great change happens when compassionate individuals and trailblazing NGOs come together. At the heart of this relationship is the desire to make the world a better place. In addition to this noble endeavour is also the ability of citizens to contribute to social causes while enjoying substantial tax benefits in the…
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How charitable donations on Give.do provide 80G deductions and foster social responsibility
FINANCIAL contributions to NGOs play a pivotal role in shaping the fabric of societies and improving the quality of life for countless individuals. In India, where philanthropy has deep roots, fundraising platforms like Give.do have emerged as a trusted platform for facilitating donations to NGOs. This blog explores the importance of financial contributions for NGOs,…
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80G tax relief: saving tax while giving back to society
INDIA’S Income Tax Act of 1961 extends this advantageous opportunity, renowned for bestowing considerable tax breaks upon conscientious taxpayers. Your contributions to eligible NGOs render you eligible for diverse tax deductions. The 80G tax relief scheme presents a mutually advantageous scenario, enabling you to contribute to a cause close to your heart while enjoying tax…
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Unlock the tax benefits with 80G tax deduction
ARE you aware of an 80G deduction and its significant tax benefits while supporting NGOs and their noble causes? This comprehensive guide will delve into the intricacies of Section 80G of the Income Tax Act, 1961, and how it can serve as a powerful tool for reducing your taxable income while contributing to society. Understanding…