ADVANTAGES OF CHARITABLE DONATIONS UNDER SECTION 80G

Charitable donations in India are recognized as a laudable 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 trusts. These benefits aim to stimulate individuals and organizations to contribute towards the social well-being of the co

A good rule of thumb is usually to deliver these out upon the receipt of donations or within just 30 days depending on quantity.  Donor stewardship entails numerous gratitude each individual move of the best way. When making your donation receipt, ensure to emphasise the impact of the donor’s gift with specificity. Accepting donations of stock