Charitable giving can make a constructive impact on society. However, many individuals are unaware of the tax incentives available to them when they contribute to eligible institutions. Section 80G of the Indian Income Tax Act is a clause that offers significant tax reductions for donations made to registered charitable bodies. Understanding this… Read More
This Tuesday marks a special time for donating. Remember to join together and make a difference. Every contribution, no matter how small, can have a powerful impact on the lives of others in our communities. Explore contributing to your favorite charities. You can also volunteer to make a hands-on difference. Together, we can build a more compassi… Read More
You need to use Worksheet 2 should you created charitable contributions during the 12 months, and one or more of your limits described During this publication underneath , outlined later. for those who donate a qualified car or truck which has a claimed price of more than $five hundred, you can’t declare a deduction Except if you attach to sort … Read More