Openly donate for Kerala flood victims, 100% discount in tax
Thursday - August 23, 2018 12:36 pm ,
Category : WTN SPECIAL
Come ahead and help the Keralites
AUG 23 (WTN) - After the biggest flood of the century in Kerala, conditions are gradually becoming normal. Charity is being donated to help Keralites from all over the country. If you also donate in the relief work being done in the flood of Kerala, you will get a 100 percent discount in tax. Not only this, the banks and the Air India are also giving various reliefs to the flood affected people in Kerala.
According to the information, if anyone donates in the Prime Minister's National Relief Fund and Kerala Chief Minister's Disaster Fund for the flood of Kerala, then this donation will be tax-free. You can also donate through the BHIM app and online banking in the PM Relief Fund for the assistance of Keralites.
Here, Kerala's banks have decided to redefine the debt. Banks have decided for no any recovery on education loans for a period of six months. On the other debts, it is decided to stop recovery for one year. Apart from this, the banks have decided not to take service fees and fees on issuing new check books and debit cards. This facility will be available up to October 31. At the same time Income Tax officials have announced their one-day wages to donate for relief work in flood affected Kerala.
The government aviation company, Air India, has given exemption in the ticket cancellation fee till August 31 on all flights to flood affected Kerala. This discount will be on both domestic and international flights. According to the company, the discount will be applicable only on tickets released on or before August 17. This discount will be applicable to both to Kochi, Kozhikode and Thiruvananthapuram flights or from the flights.
According to information received from the media, the Prime Minister's National Relief Fund accepts contributions from people, organizations and trust on voluntary basis. Contributions made in this fund are tax exempt under section 80 (G) of income tax law. While there is no restriction on the relief for the flood victims of Kerala form foreign, but for this, they have to follow the prescribed rules and procedures.
For your information, let you know that under its policy, the Government of India does not accept donations from foreign governments for the disaster victims. People living abroad and foreign private entities can contribute to the aid to flood victims in Kerala, but there are some conditions.
AUG 23 (WTN) - After the biggest flood of the century in Kerala, conditions are gradually becoming normal. Charity is being donated to help Keralites from all over the country. If you also donate in the relief work being done in the flood of Kerala, you will get a 100 percent discount in tax. Not only this, the banks and the Air India are also giving various reliefs to the flood affected people in Kerala.
According to the information, if anyone donates in the Prime Minister's National Relief Fund and Kerala Chief Minister's Disaster Fund for the flood of Kerala, then this donation will be tax-free. You can also donate through the BHIM app and online banking in the PM Relief Fund for the assistance of Keralites.
Here, Kerala's banks have decided to redefine the debt. Banks have decided for no any recovery on education loans for a period of six months. On the other debts, it is decided to stop recovery for one year. Apart from this, the banks have decided not to take service fees and fees on issuing new check books and debit cards. This facility will be available up to October 31. At the same time Income Tax officials have announced their one-day wages to donate for relief work in flood affected Kerala.
The government aviation company, Air India, has given exemption in the ticket cancellation fee till August 31 on all flights to flood affected Kerala. This discount will be on both domestic and international flights. According to the company, the discount will be applicable only on tickets released on or before August 17. This discount will be applicable to both to Kochi, Kozhikode and Thiruvananthapuram flights or from the flights.
According to information received from the media, the Prime Minister's National Relief Fund accepts contributions from people, organizations and trust on voluntary basis. Contributions made in this fund are tax exempt under section 80 (G) of income tax law. While there is no restriction on the relief for the flood victims of Kerala form foreign, but for this, they have to follow the prescribed rules and procedures.
For your information, let you know that under its policy, the Government of India does not accept donations from foreign governments for the disaster victims. People living abroad and foreign private entities can contribute to the aid to flood victims in Kerala, but there are some conditions.
