Wednesday, August 19, 2020

Apex Court dismisses plea to transfer of funds from PM CARES to NDRF to fight COVID-19

The Apex Court has dismissed petition that sought for transfer of funds collected under PM CARES Fund set up under COVID 19 relief to National Disaster Relief Funds (NDRF). The Court clarified that PM CARE is a public charitable trust and anyone can contribute into it but contribution received by a public trust like PM CARES cannot be transferred to fund like NDRF.

from taxmann.com News https://ift.tt/3l0JMVW
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