22 April 2024


News

MCA Clarifies Corporate Contributions Towards Relief Funds Not to Qualify as CSR Expenditure - 13.04.2020

Union Ministry of Corporate Affairs has clarified that contributions made to the Chief Minister's Relief Fund or State Relief Fund for COVID-19 do not qualify as admissible Corporate Social Responsibility (CSR) expenditure under Schedule VII of the Companies Act, 2013.

Tags : Ministry of Corporate Affairs Contributions Towards Relief Funds

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