The donation of food to the needy is regarded as a noble deed. Not only does it enable one to separate themselves from worldly comforts and fulfil their social obligations, but it also makes the world a beautiful and better place to live. By helping the Lord's subjects, one can serve the Lord by giving donations. The sense of satisfaction gained from the act of making someone smile is the most significant aspect of donation.

People who wish to make their offerings to god by helping needy people can receive straight blessings from Lord Krishna by donating to an organisation. There are numerous organisations, such as ISKCON, where you can make donations for the less fortunate. The amount of donations you make under programs such as ISKCON Food for life holds little importance if you do it with the right intention. Donation is also an excellent channel for an individual to become aware of the problems of the world and meet those needs. Furthermore, it will also help you form a different perspective about pertaining social issues such as poverty, homelessness and more.  

There is another not much-known advantage of making donations which can help individuals to save tax under section 8OG of the Income Tax Act. As per the act, you can make donations to organisations such as ISKCON as a deduction from your total gross income before getting the taxable income. 

How is the 80 g Donation Calculated? 

Section 80G allows for the deduction of charitable contributions from gross income before calculating taxable income. The organisation to which a donation is made, however, is crucial because the department of income tax has only notified specific organisations for this purpose.

There is no set category of individuals who are eligible for this deduction. Most of the time, anyone who has donated to certain organisations or government-established relief funds is eligible to claim the tax deduction. Additionally, keep in mind that donations made to foreign political parties or trusts are not eligible for a tax credit under section 80g.

Furthermore, only payments made in cash or by cheque to the designated institutions are eligible for the deduction under section 80g of the Income Tax Act. Because the deduction will vary depending on the organisation you choose to donate to, you must be very selective while selecting one. Additionally, the maximum amount that can be donated varies depending on the organisation, so it is important to confirm this before continuing.

ISKCON is an organisation where you can work towards the development and upliftment of vulnerable sections of society by making donations. The organisation offers various ways such as food for life or tax exemptions to ISKCON temple donations under 80 g to urge the public to help people and receive the blessings of the almighty. Visit the website to offer your seva via donation today.