Charitable giving is a commendable act that social responsibility. When individuals offer to eligible organizations under Section 80G of the Indian Income Tax Act, you not only help society but also avail certain tax incentives. Section 80G provides a tax deduction for donations made to registered charitable trusts and institutions. This implies th
Securing your financial future while contributing to societal well-being is a noble aspiration. Contributions under Section 80G of the Income Tax Act empower individuals to achieve just that. This provision offers generous tax benefits, allowing you to offset your tax liability while advancing worthy causes. Understanding the intricacies of Section
There's two different types of charitable remainder trusts: a charitable remainder unitrust along with a charitable remainder annuity trust. With the unitrust, your income will fluctuate annually according to the trust stability, and you will postpone or change the decision of charity or perhaps add extra money later. Tannahill notes that In case