Tuesday 29 November 2016

Donate to Akshaya Patra and Win Tax Exemptions!

No one has ever become poor by giving – Anne Frank

Food for Education is a unique concept in a country like India where there’s a large population of children who need food. These children often do not go to school. Many working parents don’t send their children to school so the latter can take care of their younger siblings back home. There are often far too many mouths to feed to worry about education. The most practical solution to this problem is to bring children to school and provide them with one-time meal, known as Mid-Day Meal.

That’s what Food for Education is all about. It’s about incentivising attendance in school. And no, children don’t leave the school premises the moment they finish their meals. They stay back and study hard. Parents now feel more motivated to send their children to schools since they know their kids would not only get food, but also they would study in a safe environment.

Akshaya Patra has been on a mission of Food for Education since the year 2000. It has been working actively alongside the government and has so far reached 13,529 schools in the country and has successfully completed 2.12 billion meals so far.

100% tax deduction benefit

Tax Exemption Benefit

Akshaya Patra is a registered and recognised charity for children organisation that has a transparent way of finances. Donors have several ways to make a contribution while they get easy an income tax exemption. There are many benefits of offering a donation to Akshaya Patra. Donations to Akshaya Patra 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 Programme run by The Akshaya Patra Foundation” as an eligible project for the allowing of 100% deduction of the contribution made by the Assesse.

This allows the donor to not only contribute in the cause of Food for Education but also earn a 100% tax deduction benefit. Most of the donation to other NGO qualifies for only 50% deduction under Section 80 G of the Income Tax act. But the tax deductible donation to Akshaya Patra is especially helpful for all those who wish to make a positive contribution but are often deterred by lack of funds. They can now choose to donate to Akshaya Patra.

When you make a contribution, you receive a certificate of 100% tax exemption benefit along with Thank You letter via courier or post. You may use the certificate to avail the benefit for the respective financial year. There are many reasons to donate to a great cause. This is one of them. Donate Today.

0 comments:

Post a Comment