NEWS

Expense related to COVID-19 Awareness & Vaccination Qualify for CSR : MCA

Ministry of Corporate Affairs vide General Circular 01/2021 dated 13th January 2021, has clarified that spending of CSR funds for Awareness and public outreach on COVID-19 Vaccination program shall be Considered and qualify for CSR and is eligible under Item No. (i), (ii) and (xii) of Schedule VII of the Companies Act, 2013 relating to:

  • Promotion of Health Care
  • Including Preventive Health Care
  • Sanitization
  • Promoting Education
  • Disaster Management

Subject to Fulfillment of Companies (CSR Policy) Rules, 2014 and Respective amendments/circulars issued from time to time.

Link of the Circular: http://www.mca.gov.in/Ministry/pdf/CSR2021_13012021.pdf


Disclaimer: Every effort has been made to avoid errors or omissions in this material. In spite of this, errors may creep in. Any mistake, error or discrepancy noted may be brought to our notice which shall be taken care of in the next edition. In no event the author shall be liable for any direct, indirect, special or incidental damage resulting from or arising out of or in connection with the use of this information.

CS Lalit Rajput

Company Secretary having 5 years of post-qualification experience in the Compliance Management Services industry by serving Corporates including Listed Companies, Corporate Secretarial Firms, and LLP. I have a keen interest in Corporate Governance and Compliance Management and the soaring craving to learn every day. The aim is to dive deep into the Corporate Governance sphere and help the industry with knowledge and practical exposure. Mail:- [email protected] Phone: +91 8802581290

Related Articles

Leave a Reply

Back to top button
TaxClue We would like to show you notifications for the latest news and updates.
Dismiss
Allow Notifications