The government granted status of a trust to ‘Bharat Ke Veer’, a private initiative promoted by actor Akshay Kumar, which aids families of paramilitary personnel killed in action. Contributions to Bharat Ke Veer has been exempted from Income Tax, Home Minister Rajnath Singh said Thursday.
I-T exempted
Mr. Kumar and former national badminton champion Pullela Gopichand have been included as trustees. “Ministry of Finance @FinMinIndia has now given approval to @BharatKeVeer Trust under 80(G) which in effect means that all contributions to the trust will be exempted under the income tax. I thank the ministry and FM Sh. @ArunJaitley for the exemption to #BharatKeVeer Trust,” Mr. Singh tweeted.
Mr. Singh said the Home Ministry had taken up the Bharat Ke Veer initiative in April last year, and its success has been stupendous.
Mr. Singh said the initiative has now been formalised into a registered trust for providing a platform for all citizens to contribute and provide assistance to the families of martyred paramilitary personnel.
The general public can visit the Bharat Ke Veer application and website, and make a contribution to support the families of jawans who died in the line of duty.
