Search

Spending for COVID-19 an eligible CSR spend



Amid the widely spread coronavirus contamination and in line with the government’s measures to contain the outbreak, the Ministry of Corporate Affairs ("MCA") in a circular dated March 23, 2020 has hereby clarified that spending of CSR funds in activities to mitigate COVID-19 will be considered as an eligible CSR activity.

Companies can now make expenses on activities related to promotion of health care, including preventive health care and sanitation, and disaster management with respect to mitigation of COVID-19.


#OutBreak #MCA #COVID19 #CSR

2 views0 comments

Recent Posts

See All

FIVE REASONS WHY STARTUPS FAIL

‘A good business idea would kick start a good business’. This basic premise has fueled thousands of generations of aspiring entrepreneurs, promising that all it takes is one brilliant idea and a lot o