Demystifying Section 80G of the Income Tax Act

Under the Income Tax Act, taxpayers can claim deductions for giving to particular charitable organizations listed in section 80g. Organizations receive tax benefits, depending on which group they are part of. Donations may be fully tax deductible or deductible up to a certain amount and a few organizations will provide you with certificates for them. Using section 80g allows donors to reduce their tax bill while helping many causes.

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