How to Maximize Tax Benefits on Charitable Donations in India
Charitable donations not only allow you to contribute to important causes but also offer significant tax benefits under India’s Income Tax Act. Here’s a simple guide on how you can claim deductions on charitable contributions: Section 80G: Deductions on Donations to Charitable Institutions Section 80G of the Income Tax Act […]
Common Tax Deductions You Might Be Missing Out On
Paying income tax can feel like a hassle, especially when you’re trying to organize receipts and find ways to reduce your tax liability. However, with proper planning, you can take advantage of lesser-known tax deductions to maximize your savings. Here are seven tax-saving tips you might not know about: Contribute […]