Thursday, September 6, 2018

NOW , COMPANIES IN INDIA CAN SPEND THEIR 2% CSR FUNDS TOWARDS KERALA FLOOD REHABILIATION – SAYS PMO OFFICE


NOW , COMPANIES IN INDIA CAN SPEND THEIR 2% CSR FUNDS TOWARDS KERALA FLOOD REHABILIATION – SAYS PMO OFFICE

R V Seckar practicing company secretary , 09848915177 rvsekar2007@gmail.com,


REPLY SENT TO ME FROM PRIME MINISTER’S OFFICE AS REGARDS TO SPENDING CSR AMOUNT BY COMPANIES IN INDIA  TOWARDS KERALA RECENT FLOOD HAVOC .

REPLY GIVEN BY SHRI VEDANT OJHA, ASSISTANT DIRECTO , PMOs Office to ME.

The annexure to General Circular no. 21/2014 dated 18.06.2014 gives clarification for undertaking disaster relief as eligible CSR activities. Companies can undertake CSR activities on its own or through trust/society/Section 8 Companies as has been mentioned in Companies (CSR Policy) Rules, 2014.



R V Seckar practicing company secretary , 09848915177 rvsekar2007@gmail.com,

4 comments:

  1. That means before knocking the door of PMO for clarification, it should proper for us to check the circulars on this regard.

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  2. My important question is that why all schemes like Channelizing all Rivers from north to south , educational schools , for years together waiting for Grants, Non Grant schools whose teachers are wotking Free of charge for years together, amount spent for such work should also be considered for CSR expenses.

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  3. However contribution to cmdrf still does not count car...

    ReplyDelete