ITR filing AY 2026-27: 8 costly mistakes taxpayers should avoid this tax return filing seasonThe I-T Department’s growing scrutiny, using AI and data analytics tools, leaves little room for omissions and errors, making accurate tax ...
22 Jun, 2026, 09.25 AM IST
Reliance Foundation secures major win as ITAT overturns cancellation of charity registrationReliance Foundation has won a legal battle against the Income Tax authorities regarding the 'charitable' status of its Mumbai hospital. A t...
11 Jun, 2026, 12.46 AM IST
Rs 20,000 monthly income from SCSS: How senior citizens can earn regular interest income for at least 5 yearsThe Senior Citizens Savings Scheme (SCSS) offers a stable 8.2% annual interest rate, ideal for retirees seeking predictable income. To earn...
05 Jun, 2026, 06.22 PM IST
NPS growth, performance, market-linked annuities; Sriram Iyer, CEO of HDFC Pension, talks about India’s changing retirement landscapeIndia's retirement planning is evolving with rising private sector NPS participation and evolving annuity products. While government contri...
25 May, 2026, 12.00 PM IST
Can you be fired from job despite achieving your annual target? Know what the labour law saysMeeting annual targets doesn't guarantee job security in the private sector. Labour laws, particularly the Industrial Disputes Act, offer p...
11 May, 2026, 11.55 AM IST
NC-JCM 49th annual meeting: Pension hike, CGHS expansion & medical allowance boost on agendaThe NC-JCM will hold its 49th annual meeting on May 11, 2026, to discuss key issues impacting central government employees and pensioners. ...
07 May, 2026, 08.00 AM IST
Congress-led UDF sweeps to power in Kerala by riding anti-LDF waveThe United Democratic Front has achieved a historic win in Kerala, defeating the Left Democratic Front. This marks a significant setback fo...
05 May, 2026, 12.45 AM IST
Did you donate to a political party or plan to do so in the future and claim an income tax deduction? New ITR forms require extra disclosure, check what to reportNew income tax return forms for Assessment Year 2026-27 demand greater detail on political party donations. Taxpayers seeking deductions un...
08 Apr, 2026, 03.52 PM IST
Income Tax Dept releases FAQs on tax deduction on donation under Section Section 80GDonating to charities offers tax benefits under Section 80G of the Income Tax Act. The Income Tax Department has clarified rules for these ...
20 Dec, 2025, 12.15 PM IST
What is Section 80G and how does it help save income tax under the old tax regime?By donating to eligible institutions and organisations, taxpayers can claim deductions ranging from 50% to 100% of the amount donated. Howe...
28 Mar, 2025, 11.23 AM IST
Tax saving on donation: You can get up to 50% deduction on your donation to Ayodhya Ram MandirSave income tax: If you want to save some income tax by reducing your total taxable income then Section 80G is one of the available options...
24 Mar, 2025, 12.50 PM IST
Ayodhya Ram Mandir Donation: To get section 80G income tax deduction, collect these documentsShri Ram Janmabhoomi Teerth Kshetra: Individuals can donate money to Ayodhya Ram Mandir Trust, however they must be sure to collect certain...
31 Jan, 2024, 12.24 PM IST
What is Section 80G and how does it help save income tax?An individual can save income tax on the donations made. Section 80G of the Income-tax Act, 1961 allows individuals to save tax on the dona...
04 Jan, 2024, 12.57 PM IST
Now you can't get Section 80G tax deduction without this TDS-like certificate from income tax portalTill FY 2020-21, an individual can claim the donation on the basis of the donation receipts at the time of filing income tax return (ITR). ...
31 Jul, 2023, 03.53 PM IST
How to claim section 80G deduction while filing ITRSection 80G of the Income Tax Act allows a deduction on the monetary donation made to the specified charitable institutions. The rules of c...
31 Jul, 2023, 12.12 PM IST
Donating money? Here's how much tax benefit you will get under section 80GApart from common know deductions such as section 80C, section 80D of the Income-tax Act, donating money to charitable institutions also pr...
19 Feb, 2021, 02.07 PM IST
Govt nominates Indian Overseas Bank for collecting donations for PM Cares FundThe contributions can be made by RTGS, NEFT, IMPS, cheques and demand drafts drawn in favour of PM-Cares Fund.
05 Apr, 2020, 10.43 AM IST