Charitable giving is a noble act that can materially impact the lives of others. However, savvy donors understand the value of making their contributions efficiently. By leveraging Section 80G benefits, you can not only support worthy causes but also lower your tax liability. This section of the Indian Income Tax Act provides financial incentives f
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In order to claim the deductions, you must itemize deductions in your taxes rather than claiming the common deduction. If you choose to go this route, make sure you keep the donation receipts. Time (not permitted): in the event you volunteer, You can't deduct the value of your time and energy. you may deduct the price of your transportation to vol