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•   What is Income Tax Exemption in India? How does it work?

Tax exemption is the deduction allowed by law that lowers the taxable income. You can gain complete relief from tax or avail decreased tax rates on a certain portion of your income, according to various provisions of the Income Tax Act for different types of income. Tax exemptions are offered to boost certain economic activities and to promote socially beneficial activities.

•   How can I save tax by donating to NGO?

Section 80G of the Income Tax Act, 1961 offers tax deductions to the charitable trust as well as the associated donor, provided the NGO is registered under the Act. You can avail the deduction by presenting the receipt of the donation made to the NGO.

•   What is Section 80G of the Income Tax Act?

Section 80G of the Income Tax Act allows the assessee to claim deductions from their taxable income for the donation they make to charitable entities that are approved by the Income Tax department.
The Akshaya Patra Foundation has the approval of the Income Tax department under the above section.

•   What tax exemption benefit do I get?

Donations above ₹500 to Akshaya Patra will be eligible for a 50% deduction from one’s taxable income under Section 80G of the Income Tax Act. By contributing to Akshaya Patra, you will help feed school children and also benefit yourself with tax deductions.

•   What is the minimum amount that needs to be donated to get a tax exemption?

To take care of documentation expenses, Akshaya Patra requests a minimum of ₹500 to be donated to avail tax exemption under Income Tax Section 80G.

•   What is the maximum amount for income tax exemption under 80G?

The maximum limit for deduction depends on the category of donation. In some cases, the maximum limit for the deduction is not set; while in some others, 80G deductions can be claimed up to a limit of 10% of the adjusted gross total income of the donor.

•   Do you issue tax receipts? How long does it take for them to reach us?

Yes, your tax receipts will be mailed to you within 3 working days of making the donation.
Apart from the tax receipts, you will receive the tax exemption certificate via email within 5 days upon your donation.

•   Is there a tax exemption on cash donations as well?

Cash donations above ₹2,000 are not applicable for 80G certificates.

•   When can I get a tax exemption certificate?

We at Akshaya Patra generate the tax certificate within 5 days from the date of making the online contribution.
From the financial year 2021-22, under the latest Income Tax rules, Akshaya Patra would be required to upload all the donation details to the Income Tax website under form 10BD and generate a certificate as per form 10BE. Akshaya Patra would generate this certificate periodically and send an email to the donors.

•   What if the tax receipt is misplaced?

We may not be able to provide you with a duplicate receipt. But we can send you a copy of the Income Tax exemption certificate along with the soft copy of the receipt for the same financial year as the donation. Write an email to us at [email protected].

•   I am an NRI. Will I get a tax exemption on my donation?

NRI (Non-Resident Indian) donors, who are Indian citizens holding an Indian passport, are eligible for tax exemption under Section 80G of the Income Tax Act. Don’t forget to mention your Indian PAN Card Number on the online donation form to avail the tax benefits. You can also write to [email protected] for any further queries.

•   If I am a resident of the U.S. subject to US income tax, will I be eligible for tax exemption?

As a person subject to US Income Tax, you can avail tax exemption under US Laws, by donating to our sister Foundation The Akshaya Patra Foundation (USA) on https://www.akshayapatrausa.org/donate which is a legally registered section 501 ( c) (3) entity under US Laws.

•   If I am a resident of the U.K. and subject to UK income tax, will I be eligible for tax exemption?

As a resident of the UK subject to UK Income Tax, you can avail tax exemption by donating to our sister Foundation The Akshaya Patra Foundation (UK) on https://tapf.org.uk/donate Which is a legally registered charity under UK Laws.

•   What are the certificates required to claim tax exemption under Section 80G?

Taxpayers should have all the following documents to claim deductions under Section 80G.
• The receipt of donations.
• Photocopies of 80G Certificate.
• Registration number of the charitable trust.

•   Can I claim tax exemption under Section 80G through my employer?

Yes, you can claim a deduction under Section 80G through your employer. For that, you will need a certificate from your employer stating that such a donation has been made from your salary.

•   Does Akshaya Patra accept in-kind donations?

We, at Akshaya Patra, do not accept in-kind donations but you can volunteer to help with our operations or sponsor equipment used to serve hygienic and nourishing meals to the beneficiaries.

•   What are the benefits of donating to NGOs?

You can claim tax deductions on the donations made to an NGO provided the NGO is registered under Section 80G of the Income Tax Act, 1961. Not only that, helping those in need of your support also makes you happy and fulfilled.

•   How is 80G donation calculated?

When you donate to Akshaya Patra, the benefit can be availed by reducing 50% of the donated amount from your taxable salary. For instance, if your taxable income per year is ₹200,000 and you make a donation of ₹5,000, then your net taxable income will become ₹197,500 (i.e. ₹200,000 – 50% of your donation). Your tax will now be calculated on this reduced taxable income based on the prevailing tax rates.

•   What is the limit for donation under 80G?

Cash donations upto ₹2,000 are applicable for 80G certificates. If you wish to contribute more than ₹2,000, it has to be in any mode other than cash to qualify for 80G deductions.

Will I (Individual/Company) will get CSR certificate? If yes, when will it be issued?

We, at Akshaya Patra will provide an Individual/Company with an 80G Certificate and Utilisation certificate for the CSR donations made.

Will I get the Utilisation Certificate at the time of making the donation or will I receive it at the end of the year?

All utilisation certificates will be provided to the donor at the end of the financial year.

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Account details

SBI FCRA Account
SBI Bank FCRA Account number – 40070204980
IFSC Code – SBIN0000691
Address: FCRA Cell, 4th Floor, State bank of India, New Delhi Main Branch, Sansad Marg, New Delhi-110001
SWIFT Code of SBI Bank – SBININBB104
Branch Code: 00691
Sort Code: 60-01-59
Equivalent Sort code: 600159
Please find attached Correspondent routing banks for SBI FCRA

Below details are mandatory and your donation will not be processed until you send us this information. We do not encourage anonymous donations as a policy. Also note, no donation made through debit or credit card will be acceptable adhering to RBI guidelines. To help us serve you better, please let us know your personal and donation details as soon as possible after making the donation.

Please send the following to [email protected] :-

Your Name
Your Contact No
Your E-Mail – To send you the soft copy of the Cash Receipt.
You’re Complete Postal Address

Correspondent Bank Accounts
Details of Correspondent Bank Accounts maintained by SBI

Sl.No. Name Of Bank Currency SWIFT BIC Correspondent Code Account Number Country
1 Commonwealth Bank of Australia (4.0) AUD CTBAAU2S CTBA A/c - 06796710004168 Australia
2 National Australia Bank, Melbourne(6.0) AUD NATAAU33 NABM A/c - 1803002194500 Australia
3 SBI, Sydney. AUD SBINAU2S SBSY A/c. 30103100020001 Australia
4 SBI, Bahrain (2.0) BHD SBINBHBM SBBH A/c - 2630111120002 Bahrain
5 Bank of Montreal (2.0) CAD BOFMCAM2 BOMNT A/c - 31691041275 Canada
6 Royal Bank of Canada (2.0) CAD ROYCCAT2 ROYAL A/c - 095911448364 Canada
7 SBI Toronto (8.0) CAD SBINCATX SBTR A/c - 75200300120001 Canada
8 SBI SHANGHAI CNY SBINCNSH SBSH AC 06710275228851 China
9 Den Danske Bank (40.0) DKK DABADKKK DENDA A/c - 3007515596 Denmark
10 Nordea DKK NDEADKKK NORD 5000023231 Denmark
11 Societe Generale Paris EUR SOGEFRPP SOGPE A/c - 003016200460 France
12 Commerz Bank AG, FFT (1.0) EUR COBADEFF COMME A/c - 30040000/600068253400 Germany
13 Deutsche Bank AG FFT (1.0) EUR DEUTDEFF DEUTE A/C 10095344961100 Germany
14 HSBC FRANCE (EUR) EUR HSBCF FR76 3005 6008 2908 2900 0003 984 A/c - 06796710004168 Germany
15 SBI FFT (20.0) EUR SBINDEFF SBFRE A/c - 52607101120001 Germany
16 SBI Hongkong (50.0) HKD SBINHKHH SBHK A/c - 07600201320001 Hong Kong
17 BANCA INTESA BCI S.P.A, (Banka Com. Italiana) Milan (1.0) EUR BCITITMM BCIE A/c -100100003599 Italy
18 Uni Credito Italiano, Milan (1.0) EUR UNCRITMM CRTLE A/c - 995-104480943 Italy
19 Bank of Tokyo Ltd. (200.0) MUFG Bank Limited JPY BOTKJPJT BOT A/c - 653-0439800 Japan
20 Mizuho Corporate Bk(200.0) JPY MHCBJPJT DACHI A/c - 0499020 Japan
21 SBI Tokyo (2,000.0) JPY SBINJPJT SBTK A/c -10177001220001 Japan
22 Gulf Bank K,S.C. Kuwait (2.0) KWD GULBKWKW GULF A/c - 0000000005514465 Kuwait
23 ANZ Banking Corporation, Auckland. NZD ANZBNZ22 ANZNZ A/c- 921106NZD00001 New Zealand
24 Den Norske Bank (50.0) NOK DNBANOKK DENO A/c - 7001.02.04168 Norway
25 SBI MUSCAT OMR SBINOMRX SBOM AC 00100484021001 Oman
26 Qatar National Bank QAR QNBAQAQA QNQA A/c - 0001-800572-001 Qatar
27 SBI ,Commercial Bk. Of India, Moscow, Russia. RUB CODLRUMM CTBA A/c-30111-810-7-0000-0000001 Russia
28 National Comm. Bank,Jeddah (20.0) SAR NCBKSAJE NCB A/c - SA 6010000055535311000107 Saudi Arabia
29 Development Bank of Singapore (5.0) SGD DBSSSGSG DBSN A/c - 037-000210-0 SBI Singapore
30 SBI Singapore (25.0) SGD SBINSGSG SBSN A/c - 277100011200018 Singapore
31 SBI, Johannesburg (100.0) ZAR SBINZAJJ SBJB A/c -32634000420001 South Africa
32 Banco Bilbao Vizcaya Madrid(1.0) EUR BBVAESMM BBVME A/c - 01820061770080107287 Spain
33 Skandinaviska Enskilda Bkn. Stockholm(25.0) SEK ESSESESS SEB A/c - 52018527908 Swedan
34 Svenska Handels Bkn. Stockholm (25.) SEK HANDSESS SHB A/c - 40406199 Swedan
35 Zuercher Kantonal Bank (5.0) CHF ZKBKCHZZ ZKBZ A/c - 0700-00035.769 Switzerland
36 Abu Dhabi Commercial Bank AED ADCBAEAA ADCB AC 10274073001001 UAE
37 MASHREQ BANK AED BOMLAEAD MASH AC 01903000199 UAE
38 National Bank of Abudhabi (6.0) AED NBADAEAA NBAD A/c - 0250008661 UAE
39 Standard Chartered Bank GBP SCBLDEFX SCB A/c -01269782301 UK
40 HSBC LONDON GBP MIDLGB22 HSBCL A/C 35675373 UK
41 SBI, London (15.0) GBP SBINGB2L SBLN A/c - 00035601 UK
42 BANK OF AMERICA(MER) USD BOFAUS3N BOA /6550692214 USA
43 BANK OF NEW YORK USD IRVTUS3N BONY /8033163690 USA
44 CITI BANK, NEW YORK USD CITIUS33 CITI /10929243 USA
45 DEUTSCHE BANK TRUST(BTC)-Main USD BKTRUS33 BTC /04009539 USA
46 HSBC BANK, NEW YORK USD MRMDUS33 MMBM /0000028592 USA
47 JP MORGAN CHASE USD CHASUS33 CHAMN /544721930 USA
48 SBI CALIFORNIA USD SBCAUS6L SBCA /001999999 USA
49 SBI NEW YORK USD SBINUS33 SBNY /77600125220002 USA
50 STANDARD CHARTERD BANK USD SCBLUS33 SCNY /3582088714001 USA
51 WELLS FARGO BANK (PHILADELPHIA) USD PNBPUS33 CSBP /2000090613528 USA

Donor Details

Donation of ₹500 or above are eligible tax exemption under Section 80G