Crossword Genius

Now's the time for giving (7,3)

Ross

I believe the answer is:

I'm a little stuck... Click here to teach me more about this clue!

'now's' is the definition.
(I've seen this before)

'the time for giving' is the wordplay.
'the time' becomes 'present' (present is a kind of time).
'for giving' becomes 'day' (I am not sure about this - if you are sure you should give a lot more credence to this answer).
'present'+'day'='PRESENT-DAY'

Can you help me to learn more?

(Other definitions for present day that I've seen before include "Christmas for materialists?", "twenty-fifth of December?", "occasion for lots of give and take?", "Current", "Contemporary".)