Ayodhya Ram Mandir: How your money can take part in the inauguration

The consecration of the Ram Mandir in Ayodhya has led to a jump in tourism and a rise in the stocks of companies that make temple models. But that’s not the only way to participate in this significant event. There are other ways to invest your money in the Ayodhya temple inauguration such as buying a gold coin, donating or even flying out to visit the temple.

Gold refiner Augmont has introduced a Shree Ram Mandir Coin Kit. This 7 gram gold coin is available for Rs 52,751 instead of the original price of Rs 55,000, with Rs 2,000 in free digital gold.
You will get a receipt (physical certificate) that will be your proof of purchase. But before you fall for these coins (and digital gold) you must understand that the making charge for these specially minted limited coins is higher than that for normal gold coins. Also, digital gold is not regulated in India.

If you are still interested in gold and silver coins and bars with the Ram Temple embossed on them, don’t forget to check the hallmarking symbols to ascertain their purity.
This can be done through the BIS CARE App, where you enter your email and phone number to check the licence details of the jeweller. Then you enter the 6-digit alphanumeric hallmark unique identification number to find the authenticity of the coin.

If you contribute to the temple trust by donating from India, then do not forget to collect the permanent account number (PAN) and registration number of the trust and the address. Online receipts can be obtained from the website www.srjbtkshetra.org.
Also, cash donations of more than Rs 2,000 cannot be accepted if you want to claim the Section 80 G benefit. Only 50 percent of the donation amount can be claimed under Section 80 G of the Income Tax Act.

If someone shares a donation link, check its validity. Moneycontrol found at least 15 websites of organisations claiming they can help you add a tile to the Ram Mandir and get your name imprinted on the tile or get a pass for the aarti after payment.
These websites are not the official or direct channels to make donations.
While passes for the aarti are granted thrice a day, no fee is collected, unlike claims on some spurious Facebook pages.
Remember that you are not donating to the real temple trust unless you deposit funds in one of the three bank accounts of the Shri Ram Janmabhoomi Teerth Kshetra, Ayodhya – State Bank of India, Punjab National Bank and Bank of Baroda. The trust will use the funds for the betterment of devotees and their facilities.

The temple trust, which receives Rs 1 crore a month as donations from various entities and individuals, has said that as per the Foreign Contribution Regulation Act, a separate account has been opened to accept donations from non-resident Indians (NRIs).
Only the State Bank of India account of the trust can be used for donations from NRIs.

Several flights in north India have been delayed or cancelled due to winter weather conditions. If you plan to fly to Ayodhya for the inaugural day or later for a darshan, do consider taking travel insurance.
If your carrier is delayed by more than 6-8 hours – as stated in the policy – and the airline has not compensated you, then the financial loss in terms of pre-incurred bookings, taxi fare, non-refundable hotel deposits and medical emergency costs will be covered by travel insurance.

After celebrity Amitabh Bachchan acquired a 10,000 square foot property for Rs 14.5 crore in Ayodhya, the surge in property prices came to light. If you are looking to cash out when property prices in Ayodhya are going up, then make sure you reinvest your gains in a capital gains account scheme for five years to avoid paying long-term capital gains tax.
Alternatively, you can invest in a startup that utilises the funds to buy machinery to save taxes. If one re-invests the funds in another residential property, then too, taxes can be saved. But ensure you collect 1 percent of the value as tax deducted at source if the property is sold for more than Rs 50 lakh.