The Prime Ministers National Relief Fund, created shortly after - TopicsExpress



          

The Prime Ministers National Relief Fund, created shortly after Independence, provides immediate relief to people in distress. The Fund depends entirely on voluntary donations received from the public. The Fund renders assistance to individuals facing distress situations. Its resources are utilised for the provision of immediate relief to the families of those killed in natural calamities like floods, cyclones and earthquakes. It also grants assistance to families affected by major disturbances, riots and accidents. Besides, the Fund extends assistance to indigent persons to partially defray the cost of expensive medical treatment like heart surgery, kidney transplantation and cancer treatment. Over the years, lakhs of people have received assistance from this Fund. All contributions to the Prime Ministers National Relief Fund are fully exempt from Income Tax under Section 80G of the Income Tax Act, 1961 subject to the prescribed limits. Donations to the Fund are also excluded from the computation of taxable gifts under section 5 (1) (v) of the Gift Tax Act, 1958. Contributions to the Fund can be deposited in select branches of the Central Bank of India, State Bank of India, Bank of India, Indian Overseas Bank, Syndicate Bank and the Punjab National Bank through cheques or bank drafts in favour of the Prime Ministers National Relief Fund. Receipt of the contribution will be acknowledged by the receiving bank, and the donation sent to the Fund account for deposit. Thereafter, a formal receipt for the contribution will be issued from the Prime Ministers National Relief Fund. All donors should ensure that the pay-in-slip is properly filled in while making the deposit to enable the Prime Ministers Office to issue the formal receipt. The Fund does not accept contributions in kind. Contributors who live outside India may deposit their contributions with the nearest Indian Mission or in any branch of the State Bank of India for transfer to the Prime Ministers National Relief Fund. Donations may also be made directly into Central Bank of India, New Delhi/Mumbai’s following accounts stating beneficiary “ Prime Minister’s National Relief Fund, SB A/C with Janpath, New Delhi”. U.S. $: A/C No. 000-03847-4 with HSBC BANK, USA, New York. ( SWIFT Code :- MRMD US 33 ) Pound Sterling: A/C No. 203253-80412368 with, BARCLAYS BANK PLC, London. ( SWIFT Code :- BARCGB 22 ) EURO: A/C No. 4112222001 with CITI BANK, Frankfurt. ( SWIFT Code :- CITI DE FF )
Posted on: Tue, 23 Sep 2014 16:46:11 +0000

Trending Topics



Recently Viewed Topics




© 2015