Paytm may contribute Rs. 500 Cr. to PM CARES Fund

Paytm PM CARES Fund

Digital payment company Paytm has indicated that it is planning to contribute a significant sum of Rs. 500 crores to PM Citizen Assistance and Relief Emergency Situations (CARES) Fund. It is noteworthy that the biggest industrialist of India, Tata has contributed Rs. 500 crores to PM CARES fund. Other than Tata, several other celebrities and industrialists are making their contribution towards the relief fund. The PM CARES Fund is exempt under the Income Tax Act, 1961 under section 10 and 139. The contribution made towards PM CARES fund is also…

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