Income-tax Donations Know Key Things Before Claiming Deduction

Income Tax Return: You need to check the exemption limit on your donation receipt and claim deduction accordingly while filing your return. Are All Donations 100% Exempt From Income Tax? No. It is important to note that not all donations are eligible for tax exemption. The Income Tax Act specifies certain conditions that must be …

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tim cook

Apple to donate for relief efforts in India amid COVID-19 surge

Apple CEO Tim Cook on Tuesday announced that amid a devastating rise of COVID cases in India, tech giant will be donating to support and relief efforts on the ground in India. Earlier, Indian American CEO of Microsoft Satya Nadella and his google counterpart Sundar Pichai also extended support to India. Sundar Pichai tweeted, “Devastated …

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