80g-deduction

The Income Tax Act, Section 80g of India, allows to claim deduction for donations made in some charitable corporations and establishments among taxpayers. Dead's can range from 50% to 100% of the quantity donated, depending on the eligibility of the recipient. Recognized measures qualify for this benefit to the value range, educational installations and NGOs. To take advantage of this deduction, taxpayers need to receive receipts from donations, including important information. This incentive encourages philanthropy, contributes to social welfare and improvement. Proper documentation is important to claim this benefit.