Clarification on contribution to PM CARES Fund as eligible CSR activity under item no. (viii) of the Schedule VII of Companies Act, 2013

We hope that you all have been spending quality time with family and encouraging friends, relatives and other people to stay safe during lockdown due to COVID-19. The Ministry of Corporate Affairs ("MCA") in the wake of the rapidly spreading COVID-19 vide its Circular No. 10 / 2020 dated 23.03.2020 clarified that the amount spent on COVID-19 by companies will count towards … Continue reading Clarification on contribution to PM CARES Fund as eligible CSR activity under item no. (viii) of the Schedule VII of Companies Act, 2013