Note4Students
From UPSC perspective, the following things are important :
Prelims level: PM’s National Relief Fund (PMNRF)
Mains level: Coronovirus outbreak and its mitigation
Keeping in view the novel coronavirus crisis across the country, various govt. employees, celebrities and political dignitaries are open-heartedly contributing to the PM’s National Relief Fund (PMNRF) to help combat the disease.
PM’s National Relief Fund (PMNRF)
- In pursuance of an appeal by the then PM, Pt. Nehru in January, 1948, the Prime Minister’s National Relief Fund (PMNRF) was established with public contributions.
- It was aimed to assist displaced persons from Pakistan.
- The resources of the PMNRF are now utilized primarily to render immediate relief to families of those killed in natural calamities like floods, cyclones and earthquakes, etc. and to the victims of the major accidents and riots.
- Assistance from PMNRF is also rendered, to partially defray the expenses for medical treatment like heart surgeries, kidney transplantation, cancer treatment and acid attack etc.
- The fund consists entirely of public contributions and does not get any budgetary support.
Legal status
- PMNRF has not been constituted by the Parliament.
- The fund is recognized as a Trust under the Income Tax Act and the same is managed by PM or multiple delegates for national causes.
Donations
- PMNRF accepts only voluntary donations by individuals and institutions.
- Contributions flowing out of budgetary sources of Government or from the balance sheets of the public sector undertakings are not accepted.
- Conditional contributions, where the donor specifically mentions that the amount is meant for a particular purpose, are not accepted in the Fund.
Its operation
- PMNRF operates from the Prime Minister’s Office and does not pay any license fee.
- PM is the Chairman of PMNRF and is assisted by Officers/ Staff on an honorary basis. Permanent Account Number of PMNRF is AACTP4637Q.
Tax exemptions
- PMNRF is exempt under the Income Tax Act, 1961 under Section 10 and 139 for return purposes.
- Contributions towards PMNRF are notified for 100% deduction from taxable income under section 80(G) of the Income Tax Act, 1961.
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