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Paytm looks to contribute Rs 500 cr to PM CARES Fund

The PM CARES Fund is exempt under the tax Act, 1961 for yield goals below segment 10 and also 139. 

New Delhi: for every single donation or some further payment produced on Paytm working with the pocket, UPI and also Paytm financial institution Charge card, the organization is going to donate an excess as much as R S 10,'' Paytm stated in an announcement.
He added the organization is going to earn a donation for each cost trade working with tools and the Paytm program, and also that money could be sent into the PM-CARES finance.
We're honored to complete our obligation to support the authorities from of the help measures currently being forced to combat with the Corona pandemic.  We expect our customers wholeheartedly contribute to PM CARES finance and save lives,''" Paytm President Madhur Deora explained.
Paytm experienced established a Rs crore finance for innovators that are growing medicines or devices to combat herpes.

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