12a and 80g registration

The Union Budget 2021 has brought many changes in the tax and finance policies of India. One of the major changes is the introduction of an 80g deduction for charitable donations made by individuals and Hindu Undivided Families (HUFs). This article will explain how individuals and HUFs can benefit from this deduction, what types of donations are eligible for 80g deduction, and the paperwork involved in claiming this deduction.