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Section 80g of the Income Tax Act in India offers taxpayers deductions for donations made to particular charitable corporations. This deduction encourages philanthropy by way of permitting people and corporations to deduct as much as 100% or 50% of their contributions, depending on the organization. To declare this deduction, donations need to be made to registered NGOs or social groups. Receipts are critical for documentation and taxpayers should verify the organization's approval repute.
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