CONTRIBUTION TO PM CARES FUND RELATED
How does this impact you?
- Ordinarily for donations made under Sec 80G, the maximum amount that can be claimed as deduction was of 10% of gross total income. This limit has been relaxed for donations made to PM Cares Fund.
- So, you can claim 100% deduction in FY 2019-20 for the amount donated towards PM Cares Fund before 30th June 2020.
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