Donations play a pivotal role in supporting various charitable causes and contributing to the societal growth. Section 80G of the Indian Income Tax Act provides tax deductions for donations made to eligible organizations. Comprehending the nuances of Section 80G is crucial for both donors and recipients, ensuring fairness in charitable giving. This

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Charitable trusts and foundations offer you A variety of alternatives for individuals and families trying to find to amplify their philanthropic effect whilst reducing tax liabilities. Two key strategies In this particular regard are Grantor Retained Annuity Trusts (GRATs) and personal household Foundations, which can offer significant tax benefits