Whether donation made to PM CARES fund is eligible for 50% deduction or 100% deduction?
Menu
80G Deduction for PM CARES Fund - 50%/100%?
Replies (24)
Quick Summary
100% deduction is allowed as clarified by govt.
100 % deduction, if contribute to PMCARES
Deduction @ 100%
I think it is 50% since PM Care fund is registered as public charitable trust.
NO KARAN Y
IT IS 100% DEDUCTIBLE.
IT IS 100% DEDUCTIBLE.
Any notification issued regarding this??
100% deduction is allowable in this case
Why notification do you expect a notification?
Are you not aware of the current situation?
As per the current scenario:
PMNRF operates from the Prime Minister’s Office, South Block, New Delhi-110011 and does not pays any license fee. PMNRF is exempt under Income Tax Act, 1961 under Section 10 and 139 for return purposes. Contributions towards PMNRF are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961. Prime Minister is the Chairman of PMNRF and is assisted by Officers/ Staff on honorary basis....
see the details in the following link...
https://pmnrf.gov.in/en/about
Very Rightly said. I appreciate your research work. But PM National Relief Fund and PM CARE Fund are 2 different fund and I know donation to PM NATIONAL RELIEF FUND qualifies for 100% deduction . But my concern is about PM CARES fund
Can 100% donation to PM Cares Fund be claimed as deduction under section 80G?
@ Mr Karan Singh.,
Yes... You are exactly correct. I wrongly taken the link...
Please be the following link...
https://pib.gov.in/PressReleseDetailm.aspx?PRID=1608851
https://www.google.com/url?sa=t&source=web&rct=j&url=https://pib.gov.in/PressReleseDetailm.aspx%3FPRID%3D1608851&ved=2ahUKEwiBvuLY_sToAhUt7HMBHeG_DA0QFjAAegQIARAB&usg=AOvVaw001j5YaYvciNi_hHhs2pTF&cshid=1585667456265
Yes... You are exactly correct. I wrongly taken the link...
Please be the following link...
https://pib.gov.in/PressReleseDetailm.aspx?PRID=1608851
https://www.google.com/url?sa=t&source=web&rct=j&url=https://pib.gov.in/PressReleseDetailm.aspx%3FPRID%3D1608851&ved=2ahUKEwiBvuLY_sToAhUt7HMBHeG_DA0QFjAAegQIARAB&usg=AOvVaw001j5YaYvciNi_hHhs2pTF&cshid=1585667456265
Sir, Question is still What is the amount of deduction will be availed by assessee ??
Is it 50% or 100% ???
Is it 50% or 100% ???
Dear it's deductible 100%...
Https://www.cnbctv18.com/views/view-tax-relief-for-pm-care-pm-national-relief-funds-must-be-at-par-5587881.htm
Recent Topics :
- 70:30 GST rule for solar EPC: partial scope (struc
- TDS on Redevelopers hardship allowance received no
- Who will take FSSAI AND TRADE LICENSE: owner or te
- E Way Bill in respect of Without Bringing Material
- FAST DS 2026 query
- Consultation
- E-way notices for FY 22-23
- Gst file not created
- Regarding 3CEB query
- Omitted E-Commerce Sales Reported in Table 14 but
Related Topics :
CAclubindia
