Our Total Project Cost Rs. 1443.90 Crores in 7 part.
For your ready reference,we furnish below our bank account details to enable you to remit your donation to our account directly:
Contributions from Donors in India maybe deposited in any one of the following Bank Accounts:
1. STATE BANK OF INDIA:
2. BANK OF INDIA:
3. ICICI Bank:
4. HDFC BANK:
5. AXIS BANK:
6. CENTRAL BANK OF INDIA:
Benefits under the Income-tax Act, 1961,for Indian donors
(a) Donations made to MFCT under Section 80 G (5) (vi) of the Act, will be eligible for a deduction from the total income up to 50% Tax-Exemption of the amount donated.
(b) The entire amount of Donations made to MFCT under Section 35 AC will be eligible for a deduction from the total income up to a maximum amount of Rs.24.24 corers. Tax-Exemption will be 100% on the donated amount.
FOREIGN CONTRIBUTION REGULATION ACT (FCRA)
SANCTIONED BY MINISTRY OF HOME AFFAIRS :
Contributions from Donors abroad maybe remitted in the following Bank Account:
ACCOUNT NO : 015101042289,
SWIFT CODE : ICICINBBXXX.
IFSC Code: ICIC0000004.
MFCT has registered under Section 6 of the Foreign Contribution (Regulation) Act, 1976 and as such MFCT is permitted to receive donations from overseas Donors to any extent. Such donations shall be deposited / remitted to MFCT’s designated. Also you can donate online Payment gateway through remit2India in our ICICI Bank A/c, go to home page (donate)& Click on remit2India , register & go to donation option.