National Culture Fund (NCF) was established in 1996 as a trust under Ministry of Culture. NCF’s primary mandate is to establish & nurture Public Private Partnerships in the field of heritage and mobilize resources for the restoration, conservation, protection and development of India’s rich , natural , tangible and intangible heritage.
A large number of projects, both in the form of tangible projects like restoration, conservation of old ASI monuments , provision of Tourist Amenities at the historical sites; and intangible projects like capacity building of artisans, training programmes, books publications , cultural events , etc. have been undertaken through the National Culture Fund (NCF) of Ministry of Culture.
The contributions to NCF are made by the corporate houses to undertake development of Tangible & Intangible heritage on a project mode basis.
NCF already has such partnerships with some Corporates like NTPC, ONGC,SAIL , HUDCO , REC , Apeejay Group etc. who have provided funds for such heritage projects.
The donations/contributions to NCF are eligible for 100% tax deduction under Section 80G(2)(iii hh) of the Income Tax Act, 1961 subject to the limits and conditions prescribed in the said Section and relevant Rules.