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Vijay Deverakonda's team clarifies speculations on The Devarakonda Foundation about the charity works

Vijay Deverakonda's Middle Class Fund is a big hit and his initiative has helped a lot of people, over 6000 families in the span of one week.
by Anoop Sai Bandi | May 04, 2020 14:22 IST
Vijay Deverakonda's team clarifies speculations on The Devarakonda Foundation about the charity works

Vijay Deverakonda is a sensational star in Tollywood film industry now. The actor has been working hard to help the poor people struggling every day for food during the lockdown. Vijay has come up with Middle-Class Fund with his The Devarakonda Foundation. Since he ran out of funds, he stopped taking requests from people as he helped 6000 families in five days. There are rumors coming up on Vijay that he is doing it for publicity. And some opine that he should not have taken up this in such a prestigious manner. Putting an end to speculations, Vijay's charted accountant Anurag Parvathaneni, who is also a member of The Devarakonda Foundation has given clarity.

 
"During Corona Crisis, almost everyone wants to extend a helping hand. Some do it at the Individual level, some forming into a group. These also reach out to people for sponsoring 100 meals/day meals etc and all these must be appreciated. However, when it comes to documentation – all these are "unregistered and temporary". They are doing the needful only for the current situation and they don't have any legal standing to continue such operations for long. Anyone, who intends to do charitable activities regularly must mandatorily REGISTER themselves into an NGO and take Income Tax department recognition. This whole process will have 4 steps – Registration, 12A recognition, 80G certification, FCRA approval." revealed Anurag.
 
Anurag also explained all the four steps in detail, and added that Vijay followed everything perfectly. "I hope this gives post gives some understanding and is helpful. Looking at the operations of THEDEVERAKONDAFOUNDATION, I got at least 4 clients asking to Register Trust for themselves. Please understand this could not be done during lockdown. It involves so much documentation, approval process, and Time. Also, this clarifies that Vijay Deverakonda did not start Deverakonda Foundation suddenly during lockdown and used this for publicity. It is impossible to start Trust and get all these approvals during lockdown. Only because he genuinely had plans to help the general public – he has applied for registration much earlier and silently been self-funding and doing operations without seeking publicity. I hope this also educates and enlightens few websites which write few articles without adequate background/knowledge." he concluded.
 
On the work front, Vijay Devarakonda's next film is under Puri Jagannath direction. Ananya Panday is playing the leading lady in the film. Vijay marks his debut in Bollywood with the film. Ananya too makes her debut in South. Both Puri and Charmmee produces the film. Karan Johar is also associated with the project. Stay tuned to us for more details.
 
 
Credits: Facebook


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