Donation, Tax Exemption and You

When you donate to an NGO like Akshaya Patra, you are helping it run the mid-day meal programme and provide millions of children with nutritious meal every day. That’s a social responsibility you take in trying to make a difference and make the world a better place for children. But do you know when you make a donation to support The Akshaya Patra Foundation, you get 100% tax exemption.

Yes, you are hearing it right, there is 100% tax exemption on the donation of Rs 500 or more you make to Akshaya Patra. Your donations are eligible for 100% deduction under Section 35 Ac / 80 GGA of the Indian Income Tax.

“Under Section 35 AC of the Income Tax Act, the Central Government -   on recommendation from the National Committee for the Social & Economic Welfare - has notified the Project “Mid-Day Meal scheme run by The Akshaya Patra Foundation “as an eligible project for the allowing 100% deduction of the contribution made by the Assesse.”

For every donation you makes you shall receive a receipt of the same and a 100 per cent Tax Exemption Certificate from Akshaya Patra. Within 10 working days you will get the documents as said before which you can use to avail 100% Tax Exemption for the current financial year.

And all it takes to help a child with food for education for an entire is just Rs 750 and as it’s more than Rs 500 it is eligible for 100% Tax Exemption.

There are more information available on the foundation’s website. You can visit anytime not just for donation but to know more about Akshaya Patra, how it works, the governance policy, the financials and many more.