Making charitable donations is a great way to give back to the community and show support for causes we care about. However, it's important to be aware of the legal limits when making a donation in order to remain in compliance with tax laws. For individuals, the maximum amount you can donate each year without requiring an audit is 80g. In this article, we'll discuss what exactly this means and how it affects your personal contributions.
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Making charitable donations is a great way to give back to the community and show support for causes we care about. However, it's important to be aware of the legal limits when making a donation in order to remain in compliance with tax laws. For individuals, the maximum amount you can donate each year without requiring an audit is 80g. In this article, we'll discuss what exactly this means and how it affects your personal contributions.