Everything you need to know about : Flood Relief Foundation (Prime Minister’s National Relief Fund)
What is PMNRF?
Prime Minister’s National Relief Fund (PMNRF) was inaugurated completely with public donations and is not allowed to receive any budgetary backing. PMNRF is designed to endorses willing or spontaneous offerings or contributions from People, Institutions, Trusts, Companies, and organizations, etc. Altogether, every contribution made towards PMNRF is excused from paying Income Tax under the 80(G) section. The reserves of the PMNRF are borrowed to induce abrupt consolation or relief to households of those departed due to the occurrence of natural disasters like floods, cyclones, and earthquakes, etc. PMNRF helps partly to settle the expenditures for medication and health therapy like heart surgery, transplantation of kidney, treatment of cancer, medication of underprivileged people and acid attacks, etc. Contributions are approved through BHIM/UPI (VPA: pmnrf@ centralbank), Credit Cards / Debit Cards / Netbanking Accounts of Indian Banks only.
By virtue of an appeal by the then Prime Minister, Pt. Jawaharlal Nehru in 1948, January, the Prime Minister’s National Relief Fund (PMNRF) was founded with social or public donations to encourage unsettled people from Pakistan. But, now, in the present circumstance, the reserves of the PMNRF are purely used largely to provide timely assistance to households and families whose member has departed by the occurrence of natural calamities like floods, cyclones, and earthquakes, etc. and to the casualties of the vital accidents and upheavals. Relief from PMNRF is moreover furnished, to partly pay for the payments for treatment in the medical sector like heart surgeries, kidney transplantation, cancer treatment, and acid attack, etc.
The fund comprises completely of public donations and is not given any allowance from the budget. The corpus of the account is subsidized in numerous aspects with anticipated retail banks and other agencies. Distributions or allotments are compelled with the authorization of the Prime Minister. PMNRF’s matters are not included by the Parliament. The reserve is comprehended as a notable Trust under the Income Tax Act and the same is governed by Prime Minister or considerable diplomats for nationwide purposes. PMNRF is spared under the Income Tax Act, 1961 under Section 10 and 139 for retrieval objectives. Donations towards PMNRF are acquainted with a 100% reduction from taxable income under the 80(G) section of the Income Tax Act, 1961. The Chairman of the PMNRF is the Prime Minister and is helped by Officers/ Staff based on honor.
The Permanent account number (PAN) of PMNRF is XXXXXX637Q
It has to be noted that PMNRF approves only willing or voluntary contributions by the individual and organizations. It is not compulsory for Indian citizens.
Important things to be remarked
Donations streaming out of budgetary references of the Government or from the balance sheets of the public sector efforts are not approved. Dependent donations, where the contributor precisely speaks of that the fund is meant for a specific motive, are not received in the reserve.
In a possibility, where the contributor deposits the donations instantly in any of the PMNRF assemblage banks, they are instructed to deliver comprehensive transaction facts along with their address to the office through e-mail at pmnrf[at]gov[dot]in for speedy issue of 80(G) Income Tax Receipts.