What is PM-CARES Fund: How to Make Donations

The outbreak of COVID-19 has posed serious health and economic emergency all across the globe. India, being a developing country with world’s second largest population, has even more potential of being badly hit by the global menace from all ends. In order to deal with the emergency and distressful situation which has arisen in the country due to COVID-19 pandemic, the Prime Minister of India, Mr. Narendra Modi, has appealed to the fellow Indians to make monetary contributions towards the PM-CARES FUND.

What is PM-CARES FUND?

PM-CARES Fund is a public charitable trust under the name ‘Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund). As the name suggests, this national fund is raised with the help of Indian citizens’ assistance for providing relief and overcome any emergency or distressful situations prevailing in the country.

Who are the members of the PM-CARES Fund Trust?

Prime Minister of India acts the Chairman of the trust.

The Defence Minister, Home Minister and Finance Minister together serve as the members of the trust.

What is the minimum donation limit of PM –CARES Fund?

The fund enables micro-donations which means you can contribute smallest of denominations towards this fund. In simple words, you can donate whatever amount you can afford.

Can a company claim the donation as a CSR expenditure?

Yes, any contribution made to the PM-CARES Fund shall qualify as CSR expenditure.

Is there any Income Tax exemptions?

Yes, your donations to the PM-CARES Fund will be 100% exempted under the section 80(G) of the Income Tax Act.

What are the account details of the PM-CARES Fund?

The account details of the PM-CARES Fund are as follows:

Account Details of the PM-CARES Fund
Name of the Account	PM CARES
Account Number	2121PM20202
IFSC Code	SBIN0000691
SWIFT Code	SBININBB104
Name of Bank & Branch	State Bank of India, New Delhi Main Branch
UPI ID	pmcares@sbi

What are the online payment modes available for donation?

You can make your online contribution using any of the following methods:

1. Debit Cards and Credit Cards
2. Internet Banking
3. UPI (BHIM, PhonePe, Amazon Pay, Google Pay, PayTM, Mobikwik, etc.)
4. RTGS/NEFT

Does PM-CARES accept funds from foreign countries?

Yes. Individuals and organizations from foreign countries can also make donation to the PM-CARES fund.

Who has donated to PM-CARES fund?

Initially, the following people / organizations have made contributions to the PM-CARES fund:

Name	Business / profession	Amount
Tata Sons and Tata Trusts	Conglomerate	Rs. 1,500 crores
Gautam Adani	Conglomerate	Rs. 100 crores
JSW Group	Steel manufacturing	Rs. 100 crores
Indian Railways from employees’ salary		Rs. 151 crore
Actor Akshay Kumar	Bollywood actor	Rs. 25 crores
Actor Kartik Aryan	Bollywood actor	Rs. 1 crore
Virat Kohli and Anushka Sharma	Virat is cricketer and Anushka is a bollywood actress	undisclosed amount
Raj Kundra and Shilpa Shetty	Raj is a businessman and Shilpa is a bollywood actress	Rs. 21 lakhs
Anita Dongre	Fashion Designer	Rs. 1.5 crores
Sabyasachi Mukherjee	Fashion Designer	Rs. 1 crore + Rs. 50 lakhs to CM of West Bengal Relief Fund
Varun Dhawan	Bollywood actor	Rs. 30 lakhs
Gautam Gambhir	Former cricketer and Member of Parliament	Rs. 1 crore
Suresh Raina	Cricketer	Rs. 31 lakh + Rs. 21 lakh to CM of Uttar Pradesh Relief Fund
Board of Control for Cricket in India	Cricket game’s controlling body	Rs. 51 crores
L&T	Conglomerate	Rs. 150 crores
Guru Randhawa	Punjabi singer	Rs. 20 lakhs
Uday Kotak	Banker	Rs. 25 crores
Kotak Mahindra Bank		Rs. 25 crores
Bhushan Kumar	Owner of T-series	Rs. 11 crores
Murad Khetani	Film producer	Rs. 25 lakhs + Rs. 25 lakhs to CM of Maharashtra Relief Fund
Motilal Oswal	Businessman	Rs. 5 crores
Airport Authority of India employees		Rs. 20 crores
Ram Nath Kovind	President of India	One month’s salary
Indian Administrative Services (IAS) Association		Rs. 21 lakhs
CRPF employees		Two days’ salary
TVS Motor Company		Rs. 25 crores
Reliance Industries Limited	Petroleum refinary	Rs. 500 crores to PM-CARES + Rs. 5 crores each to CM Funds of Maharashtra and Gujarat + a Covid-19 hospital in Mumbai
M C Mary Kom	Boxer and Rajya Sabha MP	One month’s salary
Supreme Court employees		Three days’ salary
Rohit Sharma	Cricketer	Rs. 80 lakhs
Radhakishan Damani	Owner of DMart	Rs. 100 to PM-CARES + Rs. 55 crores to CM Relief Funds of various states
Amir Khan	Bollywood actor	Undisclosed amount.
Salman Khan	Bollywood actor	Financial support for 25,000 daily wage workers from the film industry.
Thala Ajith	Tamil movie actor	Rs. 50 lakhs to PM-CARES + Rs. 50 lakhs to CM Relief Fund of Tamil Nadu.