Donald Trump immunity from IRS audit shocks experts, who warn it could undermine trust in tax systemDonald Trump's tax probes have ended. The Internal Revenue Service agreed to drop all pending investigations into the former president's ta...
22 May, 2026, 03.54 PM IST
To give, first get to know: Why India’s everyday generosity matters more than everIndia witnesses widespread everyday giving, with households contributing billions annually. While generosity is abundant, most gifts are ad...
21 May, 2026, 11.34 PM IST
India should increase investment in R&D to 2 per cent of GDP: Niti AayogNiti Aayog has urged India to boost research and development investment to two percent of GDP within five years. The report suggests restor...
18 May, 2026, 08.29 PM IST
Americans could get $1,700 back in a new tax credit; here's who qualifies and how to claim itA new federal education tax credit is putting up to $1,700 back on the table for eligible Americans, and families across the U.S. are start...
14 May, 2026, 07.44 PM IST
Reliance Trust challenges I-T move to cancel registrationSeveral prominent charitable organizations in Mumbai are facing the cancellation of their tax registrations. The tax department cites comme...
05 May, 2026, 12.40 AM IST
Stop overpaying taxes: SSA rules explained — hidden ways to saveMany people think Social Security Administration income is always tax-free, but that is not true. Taxes depend on your total income and rul...
04 May, 2026, 06.01 PM 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
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
Used donation to a political party for income tax deduction? IT dept is sending warning SMS; if it was a mistake file ITR-U by March 31, 2025Warning for political party donations: The Income Tax Dept is sending SMS to taxpayers who donated to political parties and had claimed sec...
29 Jan, 2025, 11.13 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
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
What are income tax benefits available on donations made?Donations made to help people tide over the covid-19 pandemic can help you save income tax as well. Here is a look at how Section 80G of th...
04 Mar, 2022, 04.45 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
Budget 2017 proposes to slash tax benefit on cash donations to religious entities, notified fundsThe government notifies separate lists of institutions/funds donations to which would be eligible for 100% or 50% deductions with or withou...
04 Feb, 2017, 11.02 AM IST
- Charity begins at I-T dept: Cos to furnish list of donees
Indian companies donating to charity and claiming tax breaks may soon have to furnish the list of their donees to the income-tax department.
14 Mar, 2007, 02.26 AM IST