When you contribute to charitable organizations in India, you not only make a positive impact on society but also gain potential tax benefits. 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 eligible institutions. To maximize your tax savings, it's crucial to… Read More

Itemized deductions claimed on plan A, like charitable contributions, professional medical bills, mortgage loan curiosity and point out and local tax deductions A charitable remainder unitrust pays its non-charitable beneficiaries per year a share of not under 5% nor much more than 50% on the trust’s good market place benefit as decided each yea… Read More