#80ggc

Read more about the article Understanding Section 80GGC of the Income Tax Act: Deduction for Contributions to Political Parties

Understanding Section 80GGC of the Income Tax Act: Deduction for Contributions to Political Parties

When it comes to making contributions to political parties, Section 80GGC of the Income Tax Act, 1961, provides individuals with a significant tax-saving opportunity. This section allows taxpayers to claim…

Continue ReadingUnderstanding Section 80GGC of the Income Tax Act: Deduction for Contributions to Political Parties
Read more about the article Maximizing Corporate Tax Benefits: Understanding Section 80GGB of the Income Tax Act for Political Contributions

Maximizing Corporate Tax Benefits: Understanding Section 80GGB of the Income Tax Act for Political Contributions

In India, political contributions are a critical aspect of corporate social responsibility and governance. Section 80GGB of the Income Tax Act provides a unique tax incentive for Indian companies, allowing…

Continue ReadingMaximizing Corporate Tax Benefits: Understanding Section 80GGB of the Income Tax Act for Political Contributions