[Answered] Discuss the importance and implications of tax incentives to philanthropic entities.

Introduction: Briefly define philanthropic entities. Body: Write about the importance of providing tax incentives to philanthropic entities. Write the implications caused by the tax incentives. Conclusion: Give a way forward. Philanthropic entities are non-profit non-governmental entities that utilize donated resources and income to provide socially useful services. NGOs, Charitable trusts and community foundation are some… Continue reading [Answered] Discuss the importance and implications of tax incentives to philanthropic entities.