This Giving Tuesday, consider the impact you can make by contributing your favorite causes. Whether it's a nearby charity or a worldwide organization, your generosity can truly make a difference. Take this opportunity to honor the spirit of giving and help shape a better future. Join the movement on social media using #GivingTuesday and motivate o
Charitable donations are a powerful way to contribute causes you care about. But did you know that these contributions can also bring significant tax benefits? In India, Section 80G of the Income Tax Act provides substantial deductions for donations made to eligible non-profits. To optimally exploit these tax benefits, it's crucial to comprehend
For each group of contributions, you deduct carryover contributions only soon after deducting all allowable contributions in that classification for The existing yr. Should you have carryovers from 2 or maybe more prior many years, use the carryover from the earlier year initial. If the expense of donated stock is not included in your opening stoc