Your browser does not seem to support JavaScript. As a result, your viewing experience will be diminished, and you have been placed in read-only mode.

Please download a browser that supports JavaScript, or enable it if it's disabled (i.e. NoScript).

Does charity give me tax benefits?

Tax Saving Tips

2 Posts 2 Posters 203 Views 1 Watching

S
S
Samaira

wrote on last edited by

#1

I always do charity. So if I donated money to NGOs or orphanages, then will I get some benefits in the tax regime?
1 Reply Last reply

0
R
R
Reema

wrote on last edited by

#2

Yes, donations to registered NGOs or orphanages in India can provide tax benefits under Section 80G of the Income Tax Act. But the income tax act gives different deductions. Some donations can be deducted in full, while others allow a 50% deduction.
1 Reply Last reply

0

Hello! It looks like you're interested in this conversation, but you don't have an account yet.

Getting fed up of having to scroll through the same posts each visit? When you register for an account, you'll always come back to exactly where you were before, and choose to be notified of new replies (either via email, or push notification). You'll also be able to save bookmarks and upvote posts to show your appreciation to other community members.

With your input, this post could be even better 💗