practical tax & investment planning online
international tax expert / colunmist / author / speaker

TAX CONCESSIONS FOR DONATIONS!

Contributions & Donations to approved Charities & Research Institutions qualify for deductions from 50% to 175% ! Section 80G of the Income-tax Act provides for deduction out of gross total income in respect of donations to approved Funds and Charitable Institutions. The benefit of this deduction and consequential tax saving is available to any taxpayer viz. individual, HUF, company, firm, etc., whether...

Powered by HADNow.com