Donations play a pivotal role in supporting various charitable causes and contributing to the societal growth. Section 80G of the Indian Income Tax Act provides tax deductions for donations made to eligible organizations. Understanding the nuances of Section 80G is vital for both donors and recipients, ensuring transparency in charitable giving. Th

As we discussed earlier, Giving Tuesday is a great possibility to receive revenue, nevertheless it’s also the beginning of your press for year-conclusion fundraising. Offering the option for donors to pledge towards your nonprofit will help engage them for Giving Tuesday and Enhance your calendar year-conclude giving campaign.  This is often an

If you propose to say itemized deductions for charitable contributions on your tax return, the deduction Restrict has reverted back to your greatest of 60% of one's AGI. As famous earlier mentioned, the precise share you may declare is motivated by the kind of contribution. due to the fact many non-revenue can’t acquire donations of inventory, i