Contribution made to PM CARES FUND qualifies for CSR expenditure-clarified

Ministry of corporate affairs has issued a office memorandum to clarify that any contribution made to the fund set up by Government of India as “PRIME MINISTER’S CITIZEN ASSISTANCE AND RELIEF IN EMERGENCY SITUATIONS FUND”( PM-CARES Fund) under item No (viii) of the Schedule VII of the Companies Act,2013.

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