This explainer breaks down how Section 80G deductions work and who can claim them. It highlights deduction categories, ...

The Income Tax Department has issued a new set of FAQs to resolve uncertainties around tax deductions for donations under Section 80G of the Income Tax Act, 1961. The FAQs shed light on what counts as ...

The measures to avail of tax deduction on donations made to eligible charities and trusts have changed from the financial year 2022-23. This is different from how donors applied for tax deductions by ...

A donation is the actual amount of money donated to a charitable organization, trust or fund. However, a deduction is the tax benefit you get for making that donation to any eligible donee, when ...

Remember the famous saying by Anne Frank, “No one has ever become poor by giving”? The same can be said of taxpayers who can claim tax benefits on donations to charitable organizations under Section ...

Donating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified rules for these deductions. Taxpayers can claim benefits for donations to ...