Securing financial perks through charitable donations is a noble endeavor that fosters responsible wealth management. Under Section 80G of the Income Tax Act, contributors can claim deductions on their income tax returns for contributions made to eligible organizations . This provision not only reduces your tax liability but also directs resources … Read More

Exactly what are "Quid Professional Quo" Contributions "Quid Professional quo” donations are Individuals for which the donor receives an economic benefit such as items or solutions in return with the reward. for example a donor receives a T-shirt in return for a donation. In the case of highly appreciated property, these tax savings could exceed… Read More