In India, people contribute to political parties to show support for the values and policies they believe in. These contributions help fund campaigns and promote change. Under Section 80GGC, individuals can claim a tax deduction for donations made to registered political parties or electoral trusts, as long as it's done through non-cash modes.
This deduction encourages transparent political contributions while supporting democratic engagement. You can claim 100% of the contribution as a deduction.
Steps to Claim Deduction
- Navigate to File > Deductions
- Select Section 80GGC card
- Enter the required details i.e Political party name, transaction ID, the amount paid during the year
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