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, if it is an international donation.
4. Purpose of donation.
When a donation is received in our bank account directly (by NEFT -- RTGS) we do not get these details from the bank. We cannot account for such donations nor can we give the donor a receipt for the donation. Such donations will be clubbed as Anonymous Donations by the Income-Tax Department and subjected to tax at 30% even though we are a Tax-exempt institution. Accepting international donations without necessary details will be a major violation of FCRA 2010.
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 AAATR3497GThe PAN of Ramakrishna Mission is AAAAR1077P Donation is ...
A Note to International Donors regarding Online Donation
The minimum amount for online donation is $ 5. Passport Number (OR) Tax Identification Number is mandatory. As per the Foreign Contribution (Regulation) Act 2010, of India, accepting donations from an Indian citizen in the FC account will be a major ...
A Note to Indian Donors regarding Online Donation
The minimum amount for online donation is ₹ 100. PAN (or) Aadhaar Number is required for donations below ₹10,000; PAN is mandatory for donations above ₹10,000 . Enter PAN in UPPERCASE. You will receive an 80G donation receipt, after a successful ...
Autofill Name and Address in the Donation Form
As we have shifted to Zoho Checkout, you may notice that there is no option to login and donate. You can use the autofill feature of Chrome or Microsoft Edge browser to fill up the Name, Address and contact details. On your computer, open Chrome. Go ...