section 80g of the income tax act

Section 80g of the Income Tax Act cuts tax for individuals and groups donating different charitable agencies and institutions. Under this section, donors may claim deduction from 50% to 100% of the amount donated, relying on the nature of the company. To qualify the group must be recognized with the help of the Income Tax Department. This provision motivates philanthropy to inspire philanthropy with the help of reduced taxable income of the donor, which sells charitable contribution to social causes and welfare initiatives in India.