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pm cares fund


MCA includes PM Cares Fund in Schedule VII of Companies Act

MINISTRY OF CORPORATE AFFAIRS NOTIFICATION New Delhi, the 26th May, 2020 G.S.R. 313(E). - In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendment to Schedule VII of the said Act, namely: In Schedule VII, item (viii), after the words &quot;Prime Minister&#39;s National Relief Fund&quot;, the words &quot;or Prime Minister&#39;s Citizen Assistance and Relief in Emergency Situations Fund (<a href..

Posted in news |   538 Views


Corporate Tax rates and eligible deduction under PM cares Fund

Sec 115BA provides for a reduced tax rate of 25% in case of all domestic manufacturing companies incorporated on or after Mar1, 2016, Sec 115BAA has been inserted to provide for a reduced tax rate of 22% for all domestic companies...

Posted in articles |   466 Views


ICSI Contributes Rs. 5.25 crore to PM Cares Fund

The Institute of Company Secretaries of India has committed to extend its unstinted support to the Initiative of the Government of India, to battle the biggest pandemic of modern times. In furtherance to the first tranche of collective beneficence of twenty five lakh rupees, from it&#39;s employees and members, the Institute made another humble contribution of Five Crore Rupees from the Corpus of ICSI to the PM Cares Fund on 9th April 2020. As a proponent of &quot;Together we can, Together we ..

Posted in news |   2 comments |   435 Views


PM thanks CA Fraternity for contributing to PM Cares Fund

&nbsp;Honourable Prime Minister took to Twitter to thank the CA fraternity, for their contribution to the PM CARES Fund. The PM tweeted, &quot;Our hardworking CA fraternity helps keep the world of business healthy and they are also contributing to make the nation healthy, making the fight against COVID-19 stronger by the contribution to PM-CARES.&quot; The tweet came after the ICAI pledged to contribute Rs 21&nbsp; crores to the PM Cares Fund to help people affected by COVID-19. ..

Posted in news |   941 Views


ICAI pledges to contribute 21 crores to PM Cares Fund

ICAI Stands with Government to fight against COVID 19 Pledges to contribute Rs 21 crores to PM Cares Fund &amp; 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 ..

Posted in news |   1 comments |   1775 Views


Donation to PM cares fund 100% deduction under Section 80G

Donation to PM CARES Fund is eligible for 100% deduction under 80G of the Income Tax Act, 1961. The donation to PM CARES Fund is also an eligible CSR Activity...

Posted in articles |   1096 Views


COVID-19: Ministry of Finanace, Financial Institutions, and PSUs contribute Rs 430 Crore to PM Cares Fund

Officers &amp; staff of Ministry of Finance , Financial Institutions and Public Sector Banks/Enterprises Contributes Rs 430 crore towards PM CARES Fund to combat COVID-19 outbreak The Officers &amp; staff of Ministry of Financeincluding the officials of financial institutions and Public Sector Banks/Enterprises under the Ministry have come forward to donate a day&rsquo;s salary including under Corporate Social Responsibility (CSR) with anamount ofRs 430.13 crore to PM-CARES Fund for providing assistance to those impacted by the COVID-19..

Posted in news |   352 Views




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