Donations made to PM CARES Fund eligible for 100% tax deduction

The donations made to the Prime Minister's Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund are now eligible for 100% deduction under Section 80G of the Income Tax Act. Individuals and corporates making donations till June 30 can still claim the deduction from income of 2019-20, according to an Ordinance promulgated by the government.