Income Tax Exemption

Income Tax Exemption

All donations to Ramakrishna Math and Ramakrishna Mission, in general, are exempted under the 50% clause of the Section 80G of Income-tax Act in India

The PAN of Ramakrishna Math is AAATR3497G

The PAN of Ramakrishna Mission is AAAAR1077P

Donation is exempted under section 80G(1)(ii) read with section 80G(4) as the institution (Ramakrishna Math along with its branch centres; Ramakrishna Mission along with its branch centres) got approval order under section 80G(5)(vi) read with section 80G(2)(a)(iv) of the Income-tax Act, 1961. 

50% of the donation amount is deducted (maximum ceiling 10% of gross total income) from total income (Category 80GD as per ITR form).

  • Donations made from Capital Gains (profit on sale of property, equity share, redemption proceeds or selling of mutual funds, etc) are not eligible for exemption under these sections.
  • Only donations made in cash, cheque, bank transfer, online transfer are eligible for deductions. Donations made in kind, in the form of food, clothing, medicines etc are not eligible.
  • Cash donations above Rs. 2000/- in a financial year (from FY 2017-18) are not eligible for exemption under these sections. We request you to consult your income-tax advisor in this respect.

The Income-tax PAN is usually mentioned in the Donation Receipt itself.

The PAN Name of the Institution would be either Ramakrishna Math or Ramakrishna Mission. Please check the donation receipt. If it is a branch centre, the same is declared in the Donation Receipt itself (just below the branch centre name). 

    • Related Articles

    • Why we do not give bank details

      To properly account for donations received we need complete details of the transaction like:   1. Donor's name, address and other contact details. 2. PAN / Aadhaar details if it is an Indian donation. 3.  Passport Number / Tax Identification Number, ...
    • Tax Exemption for donors from USA

      If you are donating to us from USA, you can donate through the following organizations for tax exemption benefits in USA : 1) Mr. Kaushik Biswas     The Ramakrishna Foundation     294 Oakhurst Lane, Unit A,     Arcadia, CA 91007     USA     (Email: ...
    • Permanent Fund for Provident Relief Fund (PFPRF) to Ramakrishna Mission, Belur Math (Headquarters)

      ‘Permanent Fund for Provident Relief Fund’ (PFPRF) is a corpus fund, the income from which is utilized towards our various relief activities. Kindly note that, only donations of Rs. 5000/- and above will be acceptable. You may dedicate your ...
    • Guru Pranami

      Devotees may offer pranami to Most Revered President Maharaj ji, and Revered Vice-President Maharaj jis. You must be an Indian citizen to offer Guru Pranami online. Foreign citizens cannot offer Guru Pranami online. You will not get any tax exemption ...
    • Form 10BE

      The Tax benefit certificate Form 10BE will be available only after 31st May on written request by the donor via email.