section-80g

Section 80g of the Income Tax Act, 1961 allows taxpayers in India to claim cuts on specific charitable organizations and budget. This provision encourages charity through tax benefits so the overall taxable income is reduced. Donations for registered NGOs, educational institutions and comfort budget qualifications registered under this section can produce the cuts starting from 50% to 100%, which rely on the type of enterprise. To take advantage of these benefits, taxpayers need to receive a receipt and ensure that the donation is duly diagnosed under this section.