Donations to charitable causes are a laudable act. In India, such donations are exempt from tax under Section 80G of the Income Tax Act, 1961. This section outlines guidelines for availing this deduction. To facilitate that your donations are eligible for tax benefits under Section 80G, it is cruci

Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially minimize your tax liability. These generous contributions offer significant financial incentives for

With a non-grantor CLT, you'll be able to shift the tax legal responsibility around the income produced by the contributed assets faraway from oneself to your CLT. A non-grantor trust CLT is responsible for the tax on its income, but in addition is permitted a charitable deduction to the income comp