"As a way of contribution to the relief effort for the victims of flood affected areas in Jammu and Kashmir, staff members of Sebi have made a contribution of Rs 9,10,218 towards Prime Minister's National Relief Fund," the market regulator said in a statement.
Meanwhile, the Securities and Exchange Board of India (Sebi) has also informed its employees that all donations towards the Prime Minister's Relief Fund would be eligible for 100 per cent deduction from taxable income.
The aftermath situation is very severe which requires enormous relief work, Sebi said in the release.
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