MAXIMIZE YOUR TAX REFUND WITH CHARITABLE GIVING

Giving back to your community can also give you a financial boost. By making charitable contributions, you could be eligible for a tax deduction that could materially reduce your overall tax liability. To optimize your tax refund through charitable giving, consider these tips: * Donate to registered charities to ensure your contribution is tax-ded

Itemized deductions claimed on program A, like charitable contributions, health-related charges, home loan interest and condition and local tax deductions portion 80G in the Indian Income Tax Act gives tax deductions for charitable donations. Donations to precise cash are not suitable for deductions from FY 2023-24. Different types of taxpayers ca