80g exemption

Section 80g of the Income Tax Act in India allows taxpayers to cut the donations made to eligible charitable corporations, which promotes philanthropy. Negative, school education, fitness care and relief of environmental renewal can be contributed among others. Depending on the status of the enterprise the deduction can be 100% or 50% of the donation amount. For benefits, donors should obtain a receipt in combination with the registration volume of the employer. This initiative encourages individuals and organizations to contribute towards social welfare, increasing network improvements.