Chandigarh

Cancer fund: Govt bodies told to deposit 2% of earnings

PNS

Punjab Government has directed all Government, semi Government institutions, urban local institutions, semi government agencies, improvement trusts and Panchayti Raj institutions to deposit two per cent of their earnings into the Drug Addiction Treatment Infrastructure fund. Punjab Government has issued a notification for collection of fund under the State Cancer and Drug Addiction Treatment Act, 2013,” said an official spokesperson of the Punjab Government.

 As per the notification, funds would be collected from auction land or immovable assets of government, semi government institutions, urban local institutions, semi government agencies, improvement trusts and panchayti raj institutions and would be deposited into the specified dedicated account.

 The Departments would transfer the money into the cancer fund immediately after auction or sale is finalised, he added.  The spokesperson added that the societies and trusts constituted by the State Government would also deposit two per cent of their income twice a year into this fund after every six months.

 He added that PSUs, Boards, Corporations, Apex Cooperative Institutes, Urban local institutes, Improvement Trusts and Panchayati Raj Institutes, those who are not in loss, would deposit two percent into Board fund and they could also contribute more. 

The spokesperson said one percent of tender income (minimum Rs50 crore) from roads, flyovers would be deposited in this fund. Other than this, 33 per cent of total tax from cigarettes would be deposited in the cancer fund.