Terms of Contribution & Donation Policy
Governing Entity: Karmig Foundation | Section 8 Indian Trust | Jurisdiction: Kanpur, UP
1. Voluntary Contributions
All remittances made to Karmig Foundation are voluntary contributions earmarked for our institutional non-profit objectives in foundational education, vocational training, and preventive healthcare.
2. Tax Deductions Under Section 80G
Donations made by Indian citizens and domestic entities qualify for a 50% deduction from taxable income under Section 80G of the Income Tax Act, 1961.
- A valid PAN must be provided at the time of remittance for deduction eligibility.
- Official certificates (Form 10BE) are filed directly with the tax portal annually.
3. Cancellation & Refund Policy
As a registered non-profit organization allocating funds directly to active field batches, donations are normally non-refundable once receipted. In cases of accidental double-debiting or technical gateway errors, donors may request review within 7 days by writing to karmigfoundation@gmail.com with transaction proof.
4. Corporate CSR Allocations
Corporate Social Responsibility allocations made under Section 135 of the Companies Act are governed by customized bilateral Memorandums of Understanding (MoU), detailed Utilization Certificates (UCs), and audited milestone ledgers.
5. Jurisdiction & Dispute Resolution
All terms and donor relationships are governed exclusively by the laws of India. Any statutory disputes arising in relation to donations or institutional operations are subject to the exclusive jurisdiction of the competent courts in Kanpur Nagar, Uttar Pradesh.
