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Pm relief fund

CA Aspirant (CA) (177 Points)

04 September 2020

Contribution to pm fund in corona time is available for deduction??

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Sagar Patel (Tax and Business Consultant) (11611 Points)
Replied 06 September 2020

Contributions towards Prime Minister's National Relief Fund (PMNRF) are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961.
Deduction is available all time, not only in corona time.

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