How to Save Tax Through 80 G
Want to cut your tax bill while benefiting others? As per Section 80G of the Income Tax Act, you can claim deductions for donations to eligible charities and relief funds. It is a smart way to combine kindness with financial planning.
When you donate to a registered NGO or fund, you may receive 50% or 100% deduction depending on the organization’s approval. Always request a receipt with the organization’s PAN number, as you'll surely need it when filing your returns. Some donations also have a maximum limit, so check the details.
Then when you are filing your income tax returns, simply attach the proof and enjoy the benefits! You help a good cause while cutting down your tax - it’s a win-win.
So if you plan to make donations this year, remember to save tax through 80G.
https://www.linkedin.com/p...
#taxexemption #TaxDeduction #80gtaxexemption #80gtaxdeduction #80exemptngo
Want to cut your tax bill while benefiting others? As per Section 80G of the Income Tax Act, you can claim deductions for donations to eligible charities and relief funds. It is a smart way to combine kindness with financial planning.
When you donate to a registered NGO or fund, you may receive 50% or 100% deduction depending on the organization’s approval. Always request a receipt with the organization’s PAN number, as you'll surely need it when filing your returns. Some donations also have a maximum limit, so check the details.
Then when you are filing your income tax returns, simply attach the proof and enjoy the benefits! You help a good cause while cutting down your tax - it’s a win-win.
So if you plan to make donations this year, remember to save tax through 80G.
https://www.linkedin.com/p...
#taxexemption #TaxDeduction #80gtaxexemption #80gtaxdeduction #80exemptngo
09:23 AM - May 28, 2025 (UTC)
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