5/10/2023 0 Comments Donate us 80gThis allows you to set off 50 of your gift against your taxable income. While claiming deduction for donation made to PM CARES Fund, Don't forget to quote the above details for making valid claim u/s 80G of the Income Tax Act, 1961. Most donations to CMC are valid for tax relief under Section 80G of the Income Tax Act. Australia, United States, United Kingdom, Afghanistan, Albania, Algeria. In ITR, you are required to provide details of PAN, Address and Pin Code of the Donee.Īddress: Prime MInister's Office, South Block, New Delhi- 110011 Your Tax-Deductible Donation (50 under section 80G). While filing ITR, you can claim 100% deduction (without qualifying limit) under section 80G of the Income Tax Act for the donation made by you to PM CARES Fund. UPI (BHIM, PhonePe, Amazon pay, Google Pay, PayTM, Mobikwik etc.).For instance, if your taxable income per year. The exemption is calculated by reducing the donated amount from your taxable salary. UPI are the modes of payment to PM CARES Fundĭonation to PM CARES Fund can be made in any of the following modes: As per the revised tax exemption act, effective April 1, 2017, When you make donations above 500 to Akshaya Patra, your donation amount will be eligible for 50 tax exemption under Section 80G of Income Tax Act. State Bank of India, New Delhi Main Branch Thank you for being a valuable donor to to our work with people with. This article would help both of such persons because a very basic information about PM CARES Fund is given in this article which will help you to make donation to this Fund and to claim the deduction under section 80G of Income Tax Act, 1961 for the donation so made.ĭonations to PM CARES Fund can be made by visiting to and filing the form prescribed and contributions can be made using the following details: Name of the Account Dear Friend, This message is for anyone who has donated to Sense International India. A lot of people amongst us have already contributed to the PM Cares Fund or would be desirous of making contribution to this fund. The Hon'ble Prime Minister is the Chairman of this Trust and its members include Defence Minister, Home Minister and Finance Minister. In wake of Covid-19 pandemic, the Central Government has set up a fund named "Prime Minister's Citizen Assistance and Relief in Emergency Situations Fund (PM CARES FUND) to fight against the deadly pandemic and to come out from the economic and health crisis the country is facing due to the Corona Virus.
0 Comments
Leave a Reply. |