Securing financial perks through charitable donations is a noble endeavor charity donation collection that encourages responsible wealth management. Under Section 80G of the Income Tax Act, taxpayers can claim deductions on their income tax returns for contributions made to eligible charities . This provision not only reduces your tax liability but

corporations donating food stuff inventory that are eligible for the existing Increased deduction (for contributions with the treatment with the unwell, needy and infants) might qualify for improved deduction limits. For contributions manufactured in 2021, the Restrict for these contribution deductions is amplified from fifteen% to 25%. For C organ