The Institute of Chartered Accountants of India, Institute of Company Secretaries of India and Institute of Cost Accountants of India, the three Professional Institutes under the Ministry of Corporate Affairs, have come forward to donate an amount of Rs 28.80 crore to PM-CARES Fund for providing assistance to those impacted by the COVID-19 pandemic.
The Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) was created on 28th March 2020 following the COVID-19 pandemic in India. This dedicated national fund has been set up with the primary objective of dealing with any kind of emergency or distress situation as posed by the COVID-19 pandemic, and to provide relief to the affected people.
The details of donations are as below: –
(Rs. in crore)
|
S.No. |
ORGANIZATION |
CONTRIBUTION FROM INSTITUTE |
MEMBERS/STAFF CONTRIBUTION |
TOTAL |
|
1 |
The Institute of Chartered Accountants of India |
15.00 |
6.00 |
21.00 |
|
2 |
Institute of Company Secretaries of India |
5.00 |
0.25 |
5.25 |
|
3 |
Institute of Cost Accountants of India |
2.50 |
0.05 |
2.55 |
|
Total |
|
22.50 |
6.30 |
28.80 |
****
Source: PIB
Book Profit u/s 115JB to be computed as per Profit & Loss Account prepared under Schedule III of the Companies…
Order not in conformity of Faceless Assessment Scheme 2019 if not est? - ITAT remands the case in view of…
Extension of the validity of FCRA registration certificates till 30.09.2024 Home Ministry has decided to extend the validity of FCRA…
Provisions of section 68 to 69B applicable only if assessee is required to maintain books of accounts under provisions of…
When show cause notice proposed addition u/s 68 as unexplained cash credits, in assessment order addition can not be made…
AO directed to pass order u/s 148A(d) after considering belated reply filed by assessee after supply of legible copies of…