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of <h1>Finance Bill 2017 amends section 80G, lowering cash donation deduction threshold from 10,000 to 2,000, effective April 2018.</h1> Clause 35 of the Finance Bill, 2017 amends section 80G of the Income-tax Act, which pertains to deductions for donations to specified funds and charitable institutions. The amendment changes the threshold for cash donations from ten thousand rupees to two thousand rupees. This means that deductions for donations exceeding two thousand rupees will only be allowed if the payment is made through a non-cash mode. This amendment is effective from April 1, 2018, and applies to the assessment year 2018-2019 and subsequent years.
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