Important clarification from MCA -COVID-19 vaccination of employees cannot be considered as CSR activity
If Companies have spent CSR funds for #COVID-19 vaccination for persons other than then employees and their families. It will be eligible for CSR Activity for companies. Source : -MCA circular-refer below picture
CFO Certificate under CSR Rules _ Draft Format
CFO Certificate under CSR Rules _ Draft Format Date: ………. The Board of Director, ……………………………… …………………………….. Sub: Certificate under Rule 4 of CSR Rules, 2014 Dear Sirs, This is to certify that funds of Rs…Lakhs so disbursed for Corporate Social Responsibility (CSR)...
MCA Update on CSR _ Expense related to COVID-19 Awareness & Vaccination Qualify for CSR
spending of CSR funds for Awareness and public outreach on COVID-19 Vaccination programme shall be Considered and qualify for CSR and is eligible under Item No. (i), (ii) and (xii) of Schedule VII of the Companies Act, 2013 relating to:
· Promotion of Health Care
· Including Preventive Health Care
· Sanitization,
· Promoting Education
· Disaster Management