Companies Act

Spending CSR funds for “Har Ghar Tiranga” campaign is eligible CSR activities – MCA

 
MCA Clarification on spending of CSR funds for “Har Ghar Tiranga” campaign-
 
MCA has clarified that spending of CSR funds for “Har Ghar Tiranga” campaign is eligible CSR activities
 
MCA has clarified that `Har Ghar Tiranga’ campaign under the aegis of Azadi Ka Amrit Mahotsav, is aimed to invoke the feeling of patriotism in the hearts of the people and to promote awareness about the Indian National Flag.
 
Accordingly, MCA has issued General Circular No. 08/2022 dated 26th July 2022 stating that spending of CSR funds for the activities related to this campaign, such as mass scale production and supply of the National Flag, outreach and amplification efforts and other related activities, are eligible CSR activities under item no. (ii) of Schedule VII of the Companies Act, 2013 pertaining to promotion of education relating to culture.
 
It has been stated that The companies may undertake the aforesaid activities, subject to fulfillment of the Companies (CSR Policy) Rules, 2014 and related circulars/clarifications issued by the Ministry thereof, from time to time.

Download MCA Circular No. 08/2022 Click Here >>

----------- Similar Posts: -----------
Share

Recent Posts

  • Income Tax

Mere technical mistake in return cannot be a ground of disallowing a claim

Mere technical mistake made by assessee while filing up return cannot be a ground of disallowing the claim when such…

4 hours ago
  • Income Tax

Capital gain deduction u/s 54B for land purchased in wife’s name SC stays HC Order

Denial of Capital gain deduction u/s 54B for agricultural land purchased in the name of wife Supreme Court stays High…

6 hours ago
  • Income Tax

Surrounding circumstances, prudent investor behaviour key to creditworthiness

CIT(A) was justified in considering surrounding circumstances, the normal human conduct of a prudent investor, the probabilities to judge creditworthiness…

8 hours ago
  • GST

HC frowns at Provisional attachment orders under GST not lifted on expiry of one year

High Court frowns at Provisional attachment orders passed u/s 83(1) GST lifted only their illegality being questioned In a recent…

11 hours ago
  • Income Tax

In Faceless assessment grant of opportunity of personal hearing not optional for AO

In Faceless assessment grant of opportunity of personal hearing is not optional at discretion of the Assessing Officer its waiver…

12 hours ago
  • Income Tax

CBDT Guidelines for compulsory selection of return for complete scrutiny FY 2024-25

CBDT Guidelines for compulsory selection of return for compulsory scrutiny during FY 2024-25   CBDT Guidelines for compulsory selection of…

1 day ago