Securing tax benefits while contributing to worthy causes is a win-win situation. Under India's Income Tax Act, donations made to registered charitable organizations under Section 80G can potentially reduce your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social welfare. By … Read More
The downside is you won’t receive any tax deductions during your lifetime, as well as the charity gained’t get everything till Once you die, which could possibly be a few years away. You retain Command about the cash, deciding on how to speculate the money within the donor-advised fund, With all the gains going to charity. You furthermore mght… Read More