MAXIMIZING YOUR IMPACT : CHARITABLE DONATIONS UNDER SECTION 80G

Securing financial advantages through charitable donations is a noble endeavor that promotes 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 lowers your tax liability but also channels resources

Charitable remainder trusts are irrevocable trusts that permit you to donate property to charity and attract annual income for life or for a specific time frame. Tina Orem is definitely an editor at NerdWallet. in advance of getting an editor, she was NerdWallet's authority on taxes and modest company. Her get the job done has appeared in a variet