MCA Clarification on the spending of CSR funds for “Har Ghar Tiranga” campaign

MCA Clarification on the Spending of CSR funds for "Har Ghar Tiranga" Campaign The Ministry of Corporate Affairs (MCA) vide General Circular No. 08/2022 dated July 26, 2022, has clarified that spending of funds towards the ‘Har Ghar Tiranga’ campaign…

MCA Form CSR-2 – Report on the Corporate Social Responsibility

MCA Form CSR-2 - Report on the Corporate Social Responsibility The Ministry of Corporate Affairs (MCA) vides a Notification dated February 11, 2022, has issued Companies (Accounts) Amendment Rules, 2022 to further amend the Companies (Accounts) Rules, 2014. As per amended rules,…

CSR funds for COVID–19

CSR funds for COVID–19 Considering the spread of novel Coronavirus (COVID-19) 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 a company.…

CSR Amendments 2019

CSR Amendments 2019 Corporate Social Responsibility, or commonly referred to as CSR, is a way for corporate entities to give back to the society they are functioning in for the welfare of the same. In India, Corporate Social Responsibility was…

Corporate Social Responsibility under Companies Act

Corporate Social Responsibility under Companies Act Corporate Social Responsibility (CSR) assumes significance as it permits companies to engage in projects or programs related to activities related to social welfare and improvement enlisted under the terms of Companies Act, 2013. There…