Securing financial benefits through charitable donations is a noble endeavor that encourages 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 reduces your tax liability but also directs resources

In this article, we’ll explore many strategies to save money on taxes by donations, making certain you maximize your philanthropic impact whilst minimizing your tax load. so that you can declare the deductions, you might want to itemize deductions on your taxes in place of professing the common deduction. If you select to donate for tax deductio