section 80g

Age: 43
Country: India
Location: New Delhi
Website: http://www.taxexemption.in/80g.html
Logbook ID: 2561947
Member since: March 13, 2025

Section 80g of the Income Tax Act is essential for fostering a manner of existence of philanthropy and social duty. It affords tax exemptions for donations made to several charitable corporations encouraging people and corporations to make contributions closer to social motives. By assuaging the economic burden of taxable earnings thru those deductions 80g efficiently mobilizes budget for non-earnings activities, empowering NGOs and charitable institutions to perform vital paintings in training, healthcare and poverty comfort thus promoting normal societal development.