Embarking on a philanthropic journey can be fulfilling. While the desire to contribute is commendable, understanding the nuances of tax benefits linked with charitable donations can boost your impact. Section 80G of the Income Tax Act provides a framework for eligible donations made to registered charitable organizations. By leveraging this provisi
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Estate setting up - By naming Fidelity Charitable as part of your will or being a beneficiary of a professional insurance plan plan, retirement strategy or believe in, you reduce as well as remove the burden of estate tax for the heirs. So, a gift straight to a relative or other unique will likely not qualify for your tax deduction. Donations to n