MINISTRY OF CORPORATE AFFAIRS
NOTIFICATION
New Delhi, the 26th May, 2020
G.S.R. 313(E).—In exercise of the powers conferred by sub-section (1) of section 467 of the Companies Act, 2013 (18 of 2013), the Central Government hereby makes the following further amendment to Schedule VII of the said Act, namely:— 
In Schedule VII, item (viii), after the words “Prime Minister’s National Relief Fund”, the words “or Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund 
(PM CARES Fund)” shall be inserted.
2. This notification shall be deemed to have come into force on 28th March, 2020.

General Circular No. 15 /2020
F. No. CSR-01/4/2020-CSR-MCA
Government of India
Ministry of Corporate Affairs
10th April, 2020

COVID-19 related Frequently Asked Questions (FAQs) on
Corporate Social Responsibility (CSR)
The Ministry has been receiving several references/ representations from various
stakeholders seeking clarifications on eligibility of CSR expenditure related to COVID-19
activities. In this regard, a set of FAQs along with clarifications are provided below for better
understanding of the stakeholders:

http://www.mca.gov.in/Ministry/pdf/Notification_10042020.pdf

Government of India
Ministry of Corporate Affairs

Invitation for Public Comments on the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020

9th April 2020
New Delhi

Ministry of Corporate Affairs had invited for public comments on the draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 vide a notice dated 13th March, 2020. The last date to submit comments was 28th March, 2020 which was further extended till 10th April 2020.

2. However, considering the lockdown due to COVID-19 and requests received from various stakeholders, the last date of submitting the comments is further extended till 20th April, 2020.

3. Stakeholders may please note that comments should not be sent separately through e-mail or hard copy and should be sent only through the web link created for the purpose,

Clarification on contribution to PM CARES Fund as eligible CSR activity under item no. (viii) of the Schedule VII of Companies Act, 2013.
The Government of India has set up the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund’ (PM CARES Fund) with the primary objective of dealing with any kind of emergency or distress situation such as that posed by COVID 19 pandemic.

  1. Item no. (viii) of the Schedule VII of the Companies Act, 2013, which enumerates activities that may be undertaken by companies in discharge of their CSR obligations, inter alia provides that contribution to any fund set up by the Central Government for socio-economic development and relief qualifies as CSR expenditure. The PM-CARES Fund has been set up to provide relief to those affected by any kind of emergency or distress situation. Accordingly, it is clarified that any contribution made to the PM CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.
  2. This issues with the approval of competent authority. www.mca.gov.in

    Extension of last date for public comments on Draft Companies (CSR Policy) Amendment Rules,2020 till 10th April 2020

     

    Government of India
    Ministry of Corporate Affairs

    Invitation for Public Comments on the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020.

    26th March 2020
    New Delhi

    Ministry of Corporate Affairs had invited for public comments on the draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 vide a notice dated 13th March, 2020. The last date to submit comments is 28th March, 2020.

    2. However, taking into account, requests received from various stakeholders, the last date of submitting the comments is extended till 10th April, 2020.

    3. Stakeholders may please note that comments should not be sent separately through e-mail or hard copy and should be sent only through the web link created for the purpose,

    http://feedapp.mca.gov.in/csr/

      Clarification on contribution to PM CARES Fund as eligible CSR activity under item no. (viii) of the Schedule VII of Companies Act,2013(40 KB)

      eF. No. CSR-05/1/2020-CSR-MCA
      GOVERNMENT OF INDIA
      MINISTRY OF CORPORATE AFFAIRS
      5
      th floor, A Wing, Shastri Bhawan,
      Dr. R.P. Road. New Delhi-110001
      28.03.2020
      OFFICE MEMORANDUM
      Subject: Clarification on contribution to PM CARES Fund as eligible CSR activity
      under item no. (viii) of the Schedule VII of Companies Act, 2013.
      The Government of India has set up the Prime Minister’s Citizen Assistance and
      Relief in Emergency Situations Fund’ (PM CARES Fund) with the primary objective of
      dealing with any kind of emergency or distress situation such as that posed by COVID
      19 pandemic.
      2. Item no. (viii) of the Schedule VII of the Companies Act, 2013, which enumerates
      activities that may be undertaken by companies in discharge of their CSR obligations,
      inter alia provides that contribution to any fund set up by the Central Government for
      socio-economic development and relief qualifies as CSR expenditure. The PM-CARES
      Fund has been set up to provide relief to those affected by any kind of emergency or
      distress situation. Accordingly, it is clarified that any contribution made to the PM
      CARES Fund shall qualify as CSR expenditure under the Companies Act 2013.
      3. This issues with the approval of competent authority.
      (Gyaneshwar Kumar Singh)
      Joint Secretary to Govt of India www.mca.gov.in

         
         

        Public Notice

         
         

        Government of India
        Ministry of Corporate Affairs

        Invitation for Public Comments on the Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020.

        Corporate Social Responsibility (CSR) for companies has been mandated through Companies Act, 2013 which came into effect since 01.04.2014. Section 135 of the Act enumerates the provisions concerning CSR and the Companies (Corporate Social Responsibility Policy) Rules, 2014 prescribes the rules for implementation. All these were notified on 27th February, 2014 and came into effect since 01.04.2014. The Companies (Amendment) Act, 2019 amended section 135 dealing with Corporate Social Responsibility. The Companies (Amendment) Act, 2019 received President’s assent and was published in Official Gazette on 31st July, 2019.

        2. In order to operationalize the Companies (Amendment) Act, 2019, the Companies (Corporate Social Responsibility Policy) Amendment Rules , 2020 has been drafted for carrying out amendments in the Companies (CSR Policy) Rules, 2014.

        3. Public comments are therefore hereby solicited on the draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020. The draft Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 may be accessed at the web link mentioned below and comments, if any, may be submitted online therein by end of business hours on 28th March, 2020 positively.

        http://feedapp.mca.gov.in/csr/

        4. Stakeholder may please note that comments should not be sent separately through e-mail or hard copy and should be sent only through the web link created for the purpose.mop

        http://www.mca.gov.in/