ELEVATING YOUR GIVING : CHARITABLE DONATIONS UNDER SECTION 80G

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

Charitable remainder trusts are irrevocable trusts that permit you to donate assets to charity and draw once-a-year income for all times or for a certain time frame. It’s that time of 12 months when taxpayers are serious about how they wish to give again, and lots of taxpayers will wish to donate to some charity that means anything to them. The