COVID-19 vaccination of non employees is eligible CSR fund spending – MCA Circular
The Ministry of Corporate Affairs (MCA) had earlier clarified that spending of CSR funds for COVID-19 is an eligible CSR activity.
In continuation to the said circular, MCA has now issued Circular 13/2021 dated 30th July 2021 to further clarify eligibility of CSR fund spending on COVID-19 vaccination.
It has been clarified that COVID-19 vaccination is eligible CSR fund spending if made for persons other than the employees and their families.
Such spending shall be an eligible CSR activity under item no. (i) of Schedule VII of the Companies Act, 2013Â relating to promotion of health care including preventive health care and item no. (xii) relating to disaster management.
The companies may undertake the aforesaid activity subject to fulfillment of Companies (CSR Policy) Rules, 2014Â and the circulars related to CSR issued by this Ministry from time to time.
- No law prevents Bengali’s right to be in Hindu Joint Family (HUF) – ITAT
- Presumption u/s 132(4A) r.w.s. 292C applicable only to searched person not to third person – ITAT
- CBDT issues 23 FAQs on transition provisions under Section 536 of the Income-tax Act, 2025Â
- Respondent assessee, under Rule 27 can’t raise a ground which is adverse to appellant Revenue
- When testator was illiterate, burden was on propounder of Will to satisfy judicial conscience of Court
