Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially reduce your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social development.… Read More

normally, you can't assert a charitable contribution deduction In case you are compensated or reimbursed for any Element of the costs of getting a college student live with you. nevertheless, you could possibly declare a charitable contribution deduction for the unreimbursed percentage of your expenses Should you be reimbursed only for a unpreceden… Read More