Section 80G of the Indian Income Tax Act provides valuable advantages to citizens who give to eligible charitable institutes. This clause allows for a substantial tax relief on donations made, making it a advantageous situation for both the giver and the organization. To optimally utilize this benefit, it's understand the various conditions laid do

in an effort to declare the deductions, you must itemize deductions on your taxes as opposed to claiming the standard deduction. If you choose to go this route, be certain you keep your donation receipts. Since the securities are donated on to the general public charity, the taxpayer does not incur long-term capital gains taxes as they might if th