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If you want to donate to the Ram Mandir Trust, you can contribute to the upkeep and development of the temple. Moreover, you can also enjoy a tax benefit on the donated amount. Know the tax rules and how to maximize the benefit.

save tax by donating money

The Pran Pratishtha ceremony of Ram Lalla in Ayodhya was done with much pomp and grandeur. The temple gates have been opened to the normal public, and the response is overwhelming. Besides visiting the temple, devotees also donate to Shri Ram Janmabhoomi Teerth Kshetra Trust. If you are also contemplating making a donation or have made it already, you can enjoy a tax benefit on the amount donated. Let’s understand how.

Highlights 

  • The Shri Ram Janmabhoomi Teerth Kshetra has been recognized as a renowned place of worship and historical importance.

  • 50% of the donation made towards Ram Mandir qualifies for deduction under Section 80G (2) (b)

  • Cash donations up to ₹2000 are eligible for a tax deduction

  • Donations can be made online through the Shri Ram Janmabhoomi Teerth Kshetra Trust website.

How to Donate?

Shri Ram Janmabhoomi Teerth Kshetra Trust is a government-established body that accepts donations. Here’s how you can donate–

  • Visit the official website of Shri Ram Janmabhoomi Teerth Kshetra Trust - https://srjbtkshetra.org/main-temple/

  • Choose ‘Donation Options’ and pay through UPI, NEFT, RTGS, IMPS, QR Code, cheque or demand draft

  • If you use the payment gateway offered by the website, the donation receipt is issued instantly

  • The receipt is issued within 15 days after the Trust’s verification process for donations through other modes. You can download the receipt from the website using your registered mobile number.

Also Read – Smart investment ideas for women

Tax Benefit on Donation

Effective from the financial year 2020-21, the Indian government has recognized Shri Ram Janmabhoomi Teerth Kshetra as a renowned public worship place with historical importance. Any voluntary contribution to Shri Ram Janmabhoomi Teerth Kshetra for its repair or renovation would be recognized as a tax deduction. 50% of the donated amount would be eligible for deduction under Section 80G (2) (b) of the Income Tax Act of 1961, provided that the conditions specified under Section 80G are met.

Donations made in cash would be allowed as a deduction, provided the limit is up to ₹2000. Excess cash donations would be taxed in your hands.

Other rules for claiming the tax deduction are as follows –

  • The donation should be made only for the repair or renovation of the temple

  • You would need the donation receipt as proof

  • The deduction can be claimed in any financial year when you donate, irrespective of whether the Pran Pratishtha ceremony was done or not

Click here to read the latest articles on Spending

The Bottom Line

Contribute to the Shri Ram Janmabhoomi Teerth Kshetra Trust and enjoy tax benefits besides showing your devotion to Ram Lalla.

Also Read – Check out some tax-saving options for salaried women

The Pran Pratishtha ceremony of Ram Lalla in Ayodhya was done with much pomp and grandeur. The temple gates have been opened to the normal public, and the response is overwhelming. Besides visiting the temple, devotees also donate to Shri Ram Janmabhoomi Teerth Kshetra Trust. If you are also contemplating making a donation or have made it already, you can enjoy a tax benefit on the amount donated. Let’s understand how.

Highlights 

  • The Shri Ram Janmabhoomi Teerth Kshetra has been recognized as a renowned place of worship and historical importance.

  • 50% of the donation made towards Ram Mandir qualifies for deduction under Section 80G (2) (b)

  • Cash donations up to ₹2000 are eligible for a tax deduction

  • Donations can be made online through the Shri Ram Janmabhoomi Teerth Kshetra Trust website.

How to Donate?

Shri Ram Janmabhoomi Teerth Kshetra Trust is a government-established body that accepts donations. Here’s how you can donate–

  • Visit the official website of Shri Ram Janmabhoomi Teerth Kshetra Trust - https://srjbtkshetra.org/main-temple/

  • Choose ‘Donation Options’ and pay through UPI, NEFT, RTGS, IMPS, QR Code, cheque or demand draft

  • If you use the payment gateway offered by the website, the donation receipt is issued instantly

  • The receipt is issued within 15 days after the Trust’s verification process for donations through other modes. You can download the receipt from the website using your registered mobile number.

Also Read – Smart investment ideas for women

Tax Benefit on Donation

Effective from the financial year 2020-21, the Indian government has recognized Shri Ram Janmabhoomi Teerth Kshetra as a renowned public worship place with historical importance. Any voluntary contribution to Shri Ram Janmabhoomi Teerth Kshetra for its repair or renovation would be recognized as a tax deduction. 50% of the donated amount would be eligible for deduction under Section 80G (2) (b) of the Income Tax Act of 1961, provided that the conditions specified under Section 80G are met.

Donations made in cash would be allowed as a deduction, provided the limit is up to ₹2000. Excess cash donations would be taxed in your hands.

Other rules for claiming the tax deduction are as follows –

  • The donation should be made only for the repair or renovation of the temple

  • You would need the donation receipt as proof

  • The deduction can be claimed in any financial year when you donate, irrespective of whether the Pran Pratishtha ceremony was done or not

Click here to read the latest articles on Spending

The Bottom Line

Contribute to the Shri Ram Janmabhoomi Teerth Kshetra Trust and enjoy tax benefits besides showing your devotion to Ram Lalla.

Also Read – Check out some tax-saving options for salaried women