When you contribute to non-profit organizations in India, you not only make a positive impact on society but also gain potential tax perks. This is where Section 80G of the Indian Income Tax Act comes into play. It allows for deductions on your taxable income when you donate to qualified institution
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The qualified organization that sponsors the fund is a war veterans' Business, a fraternal society, or perhaps a nonprofit cemetery company; or
The pass-through entity will have to identify Every single member’s pertinent basis. appropriate foundation is, with regard to any member, the percentage o
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