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 reduce your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social welfare. By … Read More

The motor vehicle's FMV around the day on the contribution. In case the auto's FMV was over your cost or other basis, you'll have to lessen the FMV to figure the deductible total, as described under the two you and also the Corporation can disregard the subsequent membership Advantages if you receive them in return for an once-a-year payment of $s… Read More