Charitable contributions are a vital aspect of community well-being. In India, Section 80G of the Income Tax Act provides taxbenefits for donations made to eligible charitable organizations. This provision aims to promote philanthropy and assist non-profit institutions in their endeavors. To avail these tax advantages, it is important to understand

What Are "Quid Professional Quo" Contributions "Quid Professional quo” donations are Individuals for which the donor receives an financial benefit which include products or companies in return for the gift. as an example a donor gets a T-shirt in return for your donation. As of 2023, the deduction for meals inventory is 15% for the people busine