INCENTIVES OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a noble act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain deductions on their contributions made to eligible trusts. These incentives aim to motivate individuals and organizations to contribute towards the social well-being of the c

Last week I shared an outline about recording non-cash gifts and the opportunity to get a nonprofit Business to accurately current the categories and price of contributions it gets to support its mission.  Ensure a clear separation of obligations to circumvent concentration of electricity and lessen the potential risk of glitches or fraudulent ac