Consider tax exemption for a cause

The universe has a unique way of working and we never know how and when it brings us an opportunity to support and do something good for others. Here is a small incidence that introduced me to the path of charity. Just a week ago, I was consulting with my friend on how to cut down on tax. During the discussion, we came upon various ways such as housing loan, house rent allowance, children education allowance, medical insurance, donations, and the like. Though I had heard of these means, but contributing donation was something new for me. Curiously, I furthered the discussion on it. And, patiently my friend familiarised me with the whole concept of tax deduction on charity, the gist of which I have narrated below.

Food for children

Witnessing the impactful groundwork of NGOs, the Government of India has made a provision wherein contributing donations to registered NGOs or charitable trusts can exempt you from paying taxes on the donated amount under Section 80G. You can either claim for 100% or 50% exemption on the donated amount based upon the NGO you have donated and the terms set by the Income Tax Act. This is applicable for both online donations and offline donations.

For instance, I identify with children-specific causes such as the right to education, child rights, and child health and development. So, I chose to contribute my taxable income to The Akshaya Patra Foundation, an NGO for children implementing the Mid-Day Meal Programme in association with the Central Government of India and various State Governments. The Mid-Day Meal Programme is an initiative that provides freshly cooked nutritious school lunch to government school and government-aided school children on all school days. And, Akshaya Patra aims at providing ‘unlimited food for education’ with the intention of supporting the education of children. This NGO has been in the service of children for the past 17 years, with a current beneficiary base of over 1.6 million children across 34 locations in 12 states of India. The tangible impact of Akshaya Patra is clearly visible in the stories of children and the impact studies that have been conducted in association with third-party research agencies.

Personally, I was convinced with the service of Akshaya Patra and decided to make my foray into charity by donating to the Foundation. For more information on charity tax exemption, just click on tax-deductible donations. I am glad that I am saving tax by supporting millions of children, and would suggest everyone to connect with the cause.

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NGO in Rajasthan Feeds a Child with Rs 950 for an Entire Year

NGO in Rajasthan

The sum of Rs 950 has a different a meaning for every person. For a few it’s the amount with which they can buy their favourite outfit or go to their liked place for dinner. But for many children, it is a source of hope, a hope that they will be able to relish a nutritious and delicious food for the entire year.

Though it sounds difficult, The Akshaya Patra Foundation has been making it possible for over 1.6 million children. The food served is prepared according to the guidelines set by the Government. The food is nutritious and delicious at the same time. While the food gives them the freedom to choose education over work, it also gives them the ability to make their decisions and aspire to pursue a career of their choice. By choosing education over work, they also get enough time to participate in sports activities and other activities of their choice.

Akshaya Patra is among the major NGOs in Rajasthan and it ensuring good health for all its beneficiaries. The menu varies every day so as to ensure that the children don’t lose interest in food. To gain the best out of seasonal vegetables, the dishes are changed depending on the seasons.

The Foundation will soon be launching its fifth kitchen in Ajmer. The existing four kitchens are located in Jaipur, Baran, Nathdwara and Jodhpur. About 1,70,723 children from 2,672 schools are currently benefiting from the initiative across the state.

Your contribution of just Rs 950 can ensure that the children are able to relish a wholesome meal served by the Foundation on every school day. They will be encouraged to prioritise studies over work. With a full stomach meal, they will be able to concentrate on studies. This will in turn lead the country towards positive development.

Do your bit by donating to charity today.