Tax deduction under 80g

Section 80g of the Income Tax Act in India allows some charitable companies to cut for donations made in taxpayers. These donations can be done for ngos, charitable establishments and some measures for budget which provide great tax benefits. The cuts can be 100% or 50% of the donated volume, depending on the reputation of the enterprise. To claim this deduction, it is important to obtain the receipt and ensure that the employer is registered under Section 80g. This provision no longer encourages the simplest benevolence but reduces tax burden on people.