Donations

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How To Give So You Get Back: Charities And Tax Exemptions

Your good deed in donating to a charity will not go without reaping you rich rewards, not only in metaphysical terms but also financially. In India, the Income Tax Act has certain provisions which offer tax benefits to donors in order to encourage more philanthropic donations. One such section is Section 80G, with its different sub-sections. However, availing of tax benefits is subject to certain conditions. Here are a few pointers.
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Why I Reflexively Hit The 'Donate' Button For Nepal

A Times of India "Income Calculator" placed me among the richest 0.53% Indian households. In other words, when I was just 26 years old, 99% of my country and 98% of the planet were "poorer" than me. It showed me how fortunate I was and dispelled the illusion of "I'm not wealthy enough to donate". It was a profound realisation. Anyone who is reading and understanding this, i.e., anyone who uses the Internet and is English-literate, is also most likely in the same category.