When exploring charitable contributions, understanding the tax benefits offered under Section 80G can significantly influence your decision-making process. This section of the Income Tax Act provides deductions for donations made to eligible organizations, thereby enhancing the financial impact of your generosity. By carefully selecting recipients

The CARES Act also built other provisions to assist charities in the pandemic. These include things like bigger charitable contribution restrictions for corporations, people who itemize their deductions, and firms that give foodstuff inventory to meals banking institutions as well as other eligible charities. As of 2023, the deduction for foods st