Section 80G of the Income-tax Act, 1961, allows taxpayers to save tax by donating money to eligible charitable institutions. By donating to eligible institutions and organisations, taxpayers can claim ...

Income Tax deduction on donation: Do you give donations to charitable institutions? If yes, you can claim a tax deduction under Section 80G of the Income Tax Act, 1961. The IT department has released ...

On March 31, the Centre announced that donations to the PM CARES Fund (Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund) will get tax breaks under Section 80G of the Income ...

The Income Tax Department has issued a new set of FAQs to resolve uncertainties around tax deductions for donations under Section 80G of the Income Tax Act, 1961. The FAQs shed light on what counts as ...

This is the primary provision for claiming deductions on donations made to designated charitable institutions or funds. The deductible amount can vary based on the type of institution and the nature ...

Taxpayers opting for the old tax regime can continue to claim deductions on donations made to eligible charitable organisations under Section 80G of the Income Tax Act, 1961. To clarify how such ...

Charity is another method for saving tax in India. Sections 80G, 80GGA, 80GGB, and 80GGC cover provisions that make your donations tax deductible. Tax breaks on political donations are offered in two ...

Under IT Act, Section 80G is available for contributions made to certain relief funds and charitable institutions. Representational Image: Photo: Pixabay Most of us are familiar with Section 80C under ...

We had nothing but love for the 40Gbps 1M2, so were certainly not going to complain that it’s now the 80Gbps 1M2 80G. It ain’t cheap, but it’s easily the fastest external SSD we’ve seen. In my review ...