Audited financial statements for PM CARES Fund have not been made public since FY 2022-23
Chaired by the Prime Minister with Union Ministers as trustees, all donations qualify for 100% deduction under the I-T Act, and count as CSR expenditure
Chaired by the Prime Minister with Union Ministers as trustees, all donations qualify for 100% deduction under the I-T Act, and count as CSR expenditure under the Companies Act, yet the Fund remains ‘outside the ambit of the RTI Act, parliamentary scrutiny, and audit by the CAG’, RTI activists say
The BriefWire