What amount of exemption has been made on donations made on PM Cares Funds?

1. 

What amount of exemption has been made on donations made on PM Cares Funds?
[A]. 100%
[B]. 10%
[C]. 50%
[D]. 75%

Answer: Option A

Explanation:

On March 31, 2020, the Government of India passed an ordinance to allow 100% exemption on donations made on PM Cares Funds. The ordinance has also extended the time limit of direct and indirect tax filings to June 30, 2020.

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