How to increase the advantages of the 80g deduction

How to increase the advantages of the 80g deduction

10 March 2023
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Id: 37099
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The 80g deduction is a provision under the income tax act, 1961 that allows taxpayers to claim a deduction for donations made to certain charitable organizations. The deduction can be claimed up to a certain limit, depending on the type of organization and the amount donated.

Here are some tips to increase the advantages of the 80g deduction:

  1. Donate to eligible organizations: to claim the 80g deduction, you must donate to organizations that are registered with the income tax department and have a valid 80g certificate. Donating to such organizations ensures that you are eligible for the deduction and that your donation is being used for charitable purposes.
  2. Donate to organizations that qualify for higher deductions: different types of organizations are eligible for different deduction limits. For example, donations to certain government funds or organizations for promoting sports and games qualify for a 100% deduction without any upper limit. Donating to these organizations can help you maximize your deduction benefits.
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