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ICAI Stands with Government to fight against COVID 19 Pledges to contribute Rs 21 crores to PM Cares Fund PMNRF The Institute of Chartered Accountants of India (ICAI) since its establishment in 1949 through a Legislative Fiat is working assiduously over 70 years, continuously supporting various initiatives of Government. In the current times the world is facing COVID-19 outbreak which has been recognized as a global pandemic. To support our nation to fight against this pandemic, ICAI con
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FAQ :
ICAI has pledged a total of £21 crore to the PM Cares Fund and PMNRF.
Out of the £6 crore collected, £1.72 crore was deposited into the PMNRF on March 31, 2020, and the remaining £4.28 crore will be deposited into the PM CARES Fund by April 20, 2020.
Yes, the Central Council of ICAI has decided to additionally contribute £15 crore from the Institute's funds towards the PM CARES Fund.
ICAI considers it its moral obligation to support the nation in fighting the COVID-19 pandemic, which has been recognised as a global pandemic.
The first contribution of £1.72 crore was deposited into the PMNRF on March 31, 2020.
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