Companies (Accounts) Second Amendment Rules 2023

Companies (Accounts) Second Amendment Rules 2023 On June 2, 2023, the Ministry of Corporate Affairs (MCA) issued the Companies (Accounts) Second Amendment Rules, 2023, which amend the Companies (Accounts) Rules, 2014. These provisions became effective on June 2, 2023. Rule…

MCA Clarification on CSR funds for COVID–19

MCA Clarification on CSR funds for COVID–19 Considering the second wave of the COVID-19 pandemic in India, the Ministry of Corporate Affairs (MCA) has announced that spending of corporate social responsibility funds (CSR funds) for COVID-19 is an eligible CSR activity of…