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, 2013 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, 2014 and the circulars related to CSR issued by this Ministry from time to time.
Temporarily blocking public access to Telegram App under section 69A of IT Act 2000 is not disproportionate - Delhi HC…
High Court explains the meaning of term ‘enterprise’ appearing in section 80IA to means a project or an undertaking owned…
Addition deleted as assessee was only a carrier of cash and the real owner had come forward owning the cash…
Lokayukta Police not an ‘intelligence and security’ organisation and hence not exempt from disclosure of information under RTI Act 2005…
Payment of imprest whether a transfer within the meaning of section 269ST – case remanded for determination In a recent…
CA Misconduct – Appellate order quashed as final judgment was not passed by same members who heard arguments. In a…