Charitable donations aren't just a generous act; they can also be a strategic way to minimize your tax burden. By giving to eligible organizations, you can claim credits on your federal returns, potentially saving a significant amount of money. To optimize your tax benefits from charitable giving, explore these tips: * Plan your donations in advan

Which payment modes for donations are suitable to assert deductions below portion 80G? You can make donations or contributions by using a draft, cash, or cheque. even so, cash donations over ?two,000 usually are not A part of the deduction calculation u/s 80G price the asset using a donor-equipped price tag. If you are struggling to discover simil