Save Taxes While Contributing to Shri Ram Janmabhoomi Temple: Know How
What if you can save your taxes by following the path of devotion? Yes, now you can get up to 50% discount on your taxes by donating.
The newly built Shri Ram Janmabhoomi temple in Ayodhya provides a great opportunity to save taxes.
Let us tell you, under Section 80G of the Income Tax Act, devotees who wish to donate for the construction of the temple can claim a deduction of up to 50%.
How can you donate
Actually, many different options have been made available by Shri Ram Janmabhoomi Tirtha Kshetra Trust to accept donations.
If you want to donate online, you can do so through the official website of the trust; devotees can also donate via cheque or demand draft.
Let us inform you that immediately after donating, you will get a receipt which you can download.
How can devotees claim tax exemption?
To claim tax exemption under Section 80G of the Income Tax Act, you need to submit your donation receipt while filing income tax returns.
Also, remember that the donation amount should not exceed 10% of your total income.
Donating for the construction of Shri Ram Janmabhoomi Temple is a religious act and a way of contributing to nation-building.
The construction of Shri Ram Temple in Ayodhya will boost tourism, which will greatly benefit the local economy.
Additional information related to donation
Before donating, keep in mind that this donation must be made only to Shri Ram Janmabhoomi Teerth Kshetra Trust.
Apart from this, there is no upper limit on the donation amount. Not only this, it is eligible for deduction under section 80G of the Income Tax Act.
Also, the donor must obtain a receipt for the donation because you will have to submit the donation receipt when you file your income tax return.
Disclaimer: This article is for informational purposes only. It is important to note that income tax laws are subject to change, so it is best to consult a financial advisor before making any donations.
Also read: https://investcly.com/car-price-hike-2025/