Charitable donations in India are recognized as a worthy act and are encouraged by the government. Under Section 80G of the Income Tax Act, 1961, donors are entitled to certain reliefs on their contributions made to eligible charitable organizations. These perks aim to encourage individuals and organizations to contribute towards the social well-be… Read More

As mentioned before, donations of $250 and over need a formal acknowledgment or receipt from the gift. It is value stating that the suggestions on contributions is not only relevant for NPOs but in addition to those professional entities generating or getting contributions. remember to get Be aware this advice would not use to transfers of belongi… Read More