The Apex Court has dismissed petition that sought for transfer of funds collected under PM CARES Fund set up under COVID 19 relief to National Disaster Relief Funds (NDRF). The Court clarified that PM CARE is a public charitable trust and anyone can contribute into it but contribution received by a public trust like PM CARES cannot be transferred to fund like NDRF.The Apex Court has dismissed petition that sought for transfer of funds collected under PM CARES Fund set up under COVID 19 relief to National Disaster Relief Funds (NDRF). The Court clarified that PM CARE is a public charitable trust and anyone can contribute into it but contribution received by a public trust like PM CARES cannot be transferred to fund like NDRF.taxmann.com NewsRead More
