TAX BENEFITS OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a laudable act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain tax exemptions on their contributions made to eligible donation to charity journal entry charitable organizations. These benefits aim to encourage individuals and organiza

The easiest variety of donations for nonprofits to accept are unrestricted cash donations. even though Absolutely everyone loves cash, Imagine if you can supercharge your Corporation’s advancement by accepting other sorts of non-cash gifts—like stocks? build a system for tracking these gifts. typically, this could take the method of a independ