Section 80G of the Indian Income Tax Act provides valuable advantages to taxpayers who give to eligible charitable causes. This clause allows for a significant tax relief on donations made, making it a win-win situation for both the giver and the beneficiary. To effectively utilize this provision, y

When you purchase an merchandise from a retailer, the small business provides you with a receipt. likewise, when donors give into a nonprofit, they count on a donation tax receipt. These receipts Perform important roles for supporters and nonprofit companies alike.  OFAC may impose civil penalties