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 organizations . This provision not only lowers your tax liability but also directs resour

The CARES Act also created other provisions to aid charities in the pandemic. These contain bigger charitable contribution restrictions for corporations, individuals who itemize their deductions, and firms that provide foods stock to meals banking companies and other eligible charities. A stubborn pandemic, climbing food stuff costs, and provide c