Kerala floods: Paytm collects Rs 30 crore in a week for relief, rehabilitation work

Contributions to the relief fund can be made through the Paytm app or website.

Leading digital payment provider Paytm collected Rs 30 crore from its 12 lakh users in a week for relief work to flood-hit victims in Kerala, the company said on Wednesday.

"We have received Rs 30 crore from across the country till Tuesday, a week after seeking contributions on 15 August," Paytm promoter One 97 Communications said in a statement.

As donations to the relief fund are 100 percent exempt from tax, people can contribute to the "Kerala chief ministers's Distress Relief Fund" through its app or website.

File image of the Kerala floods. PTI

File image of the Kerala floods. PTI

Contributions to the relief fund can be made through Paytm app or website for helping the flood victims.

The company or the government will not levy donors fee or transaction charge on their contributions or donations made on its platform.

"Amounts up to Rs 1 crore are contributed through the digital platform," added the statement.




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