Section 80G of the Indian Income Tax Act provides valuable advantages to citizens who contribute to eligible charitable institutes. This section allows for a considerable tax relief on donations made, making it a advantageous situation for both the contributer and the recipient. To effectively utilize this provision, one must understand the various
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This drastically minimized the quantity of itemized filers (by some estimates from forty% to eleven%), which diminished the motivation to make charitable donations (but you continue to really should, charity to donate car since you’re a very good human being and stuff). This makes it simpler for the donor as they don’t have to keep an eye on a