80g

Section 80g of the Income Tax Act in India provides tax deduction for donations made to specific charitable establishments. This provision encourages charity with the help of allowing taxpayers to reduce its taxable income based on the amount donated. Decisions depending on the nature of the agency and the donation can increase from 50% to 100% to. For benefits, donors should ensure that the recipient employer has obtained 80g certification from the Income Tax Department. It no longer promotes the tradition of giving the simplest, but also supports many social and developmental reasons in U. S ..