Thursday, 11 September 2014

Prime Minister's National Relief Fund u/s. 80G.

The Prime Minister's Office has issued notice on 22th August, 2014 regarding collection of huge fund in Prime Minister's National Relief Fund to helps undecided circumstances and get relief u/s. 80G of Income Tax.

Prime Minister's National Relief Fund (PMNRF) was constituted in January, 1948 to assist displaced persons from Pakistan. The resources of the PMNRF are not utilized primarily to render immediate relief to the affected families of whose killed/injured in natural calamities like floods, cyclones and earthquakes, etc. or in the major accidents/riots. The fund is also utilized to provide financial assistance for medical treatment like heart surgeries, kidney transplantation, cancer treatment, etc. The fund consists entirely of voluntary public contributions and does not get any budgetary support. Prime Minister is the Chairman of the Fund.

The undersigned is desired to convey that arrangements may be made to display a caption
" All donations towards the Prime Minister's National Relief Fund (PMNRF) are notified for 100% deduction from taxable income under Section 80G of the Income Tax Act, 1961."
by your Department at its home webpage. Besides, Department may also request the PSUs concerned with the Department to carry out this exercise also.

This issues with the approval of competent authority.

No comments:

Switzerland revokes unilateral MFN benefit under India-Switzerland Tax Treaty w.e.f. 1 January 2025

  This Tax Alert summarizes a recent Statement issued by Switzerland Competent Authority [1] (Swiss CA) on 11 December 2024 (2024 Statement...