Generous giving is a wonderful way to support causes you care about and make a real difference in the world. But did you know that charitable donations can also offer significant tax advantages? By strategically planning your contributions, you can potentially reduce your Income Tax and keep more of
Charitable giving is a noble act that can drastically impact initiatives you care about. In India, Section 80G of the Income Tax Act provides a valuable incentive for donors by offering tax benefits on contributions made to eligible non-profit organizations. Understanding the nuances of Section 80G
Generally, contributions of extensive-phrase funds gain (LTCG) residence will lead to a deduction equivalent into the honest current market worth of the house, topic to some 30% of AGI limitation. This rule has not been afflicted through the Tax Cuts and Positions Act (TCJA). LTCG property is descri