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  • News From Press Kerala floods: Donations to Chief Minister’s Distress Relief Fund to get 100% tax exemption

    Kerala floods: Donations to Chief Minister’s Distress Relief Fund to get 100% tax exemption

    Source: Financial Express Aug 29, 2018

    Monetary donations given to help flood victims in Kerala will entail tax benefits under Section 80G of the Income Tax Act, 1961. However, one must donate through registered aid agencies, or preferably, to the Chief Minister’s Distress Relief Fund. In fact, donations made to Chief Minister’s Distress Relief Fund and Prime Minister’s National Relief Fund by individuals, trusts and organisation will get 100% exemption as per income tax rule under Section 80G(2)(iii hf).

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