Unlock tax savings through contributions to Ram Mandir
You can potentially save on income tax by contributing to the Ram temple. This involves making donations, and here's a comprehensive guide on how to do it while enjoying tax exemptions. Know
With the consecration day of the Ram Mandir fast approaching and Pran Pratistha scheduled for January 22, 2024, the nation is abuzz with discussions about this monumental temple. Amid these discussions, an intriguing topic is gaining attention—income tax savings. Surprisingly, you can potentially save on income tax by contributing to the Ram temple. This involves making donations, and here's a comprehensive guide on how to do it while enjoying tax exemptions.
The Shri Ram Janmabhoomi Teerth Kshetra Trust
The Indian government has established the Shri Ram Janmabhoomi Teerth Kshetra Trust. If you wish to contribute to this noble cause, visit the trust's website. Various donation methods are available, including payment gateways, UPI, NEFT, IMPS, demand draft, and cheque payments. Donors opting for the payment gateway receive an immediate donation receipt, while those using alternative methods may need to wait for verification, which could take approximately 15 days.
Tax Exemptions Under Section 80G (2) (B)
According to information available on the Shri Ram Janmabhoomi Teerth Kshetra Trust website, the Central Government has stipulated that 50% of the donation provided to the Trust for temple repair or renovation qualifies for tax exemption under Section 80G (2) (B). Its essential to note that cash donations exceeding Rs 2000 do not qualify for tax exemption.
Step-by-Step Guide to Making a Contribution
1. Visit the Trust's Website
Begin by visiting https://online.srjbtkshetra.org/#/login.
2. Donation Tab
Click on the Donation tab under Donate and log in using your mobile number and OTP.
3. Fill in Details
Once logged in, fill in details such as PAN, purpose of donation, amount, address, and pin code.
4. Click on Donate
Click on donate, proceed to the payment gateway, and upon successful payment, you'll receive a donation receipt.
5. Alternative Methods
For those using UPI, QR code, cheque, IMPS, NEFT, or demand draft, the receipt can be downloaded from the website after about 15 days.
Downloading the Donation Receipt
To download the donation receipt, log in to the Trust's website, go to https://online.srjbtkshetra.org/donation-receipt/, and click on the Download Receipt tab. Authenticate through mobile OTP and provide various details such as PAN, mobile number, email, address, donation amount, bank account, UPI reference number, and method of donation.
After verification, you can download the donation receipt from https://online.srjbtkshetra.org/donation-receipt/. The status of your receipt can be checked on this link as well.
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