When you contribute to non-profit organizations in India, you not only make a valuable impact on society but also gain potential tax advantages. 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

yet another way to generate a tax break is usually to donate an appreciated asset, like shares of the inventory, mutual fund, or Trade-traded fund which has grown in benefit after some time. The asset has to be held in a very taxable account that you've owned for a minimum of a year. NerdWallet, Inc. is an independent publisher and comparison comp