When you contribute to non-profit organizations in India, you not only make a positive impact on society but also gain potential tax advantages. This is where Section 80G of the Indian Income Tax Act comes into play. It allows for deductions on your taxable income when you donate to qualified institutions. To maximize your tax relief, it's crucial

normally, itemizing is preferable provided that your whole itemized deductions for a 12 months exceed the amount of the standard deduction. A charitable lead trust (CLT) is an irrevocable trust which makes payments to one or more charities for a timeframe and transfers the remainder fascination to noncharitable beneficiaries, as an example, the do