Securing financial benefits through charitable donations is a noble endeavor that encourages responsible wealth management. Under Section 80G of the Income Tax Act, individuals can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only minimizes your tax liability but also directs resourc

The CARES Act also manufactured other provisions that can help charities during the pandemic. These involve better charitable contribution limitations for corporations, individuals who itemize their deductions, and businesses that give meals inventory to food items banking donating for tax purposes companies and various suitable charities. no matt