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 lower your tax liability. These generous contributions offer significant financial incentives for individuals who wish to support social progress. By … Read More
DAFS might help offset an unusually substantial tax liability on unanticipated income acquired late in the year, for example, on account of an Extraordinary calendar year-close reward or maybe lottery or other gambling winnings. Your tax savings from a substantial DAF contribution for a 12 months that may have a large marginal tax price is usually … Read More