COVID-19 related Frequently Asked Questions (FAQs) on Corporate Social Responsibility (CSR)

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..... iving 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: S. No. Frequently Asked Questions (FAQs) Reply 1. Whether contribution made to 'PM CARES Fund' shall qualify as CSR e .....

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..... qualify as CSR expenditure under item no (xii) of Schedule VII of the 2013 and clarified vide general circular No. 10/2020 dated 23rd March, 2020. 4. Whether spending of CSR funds for COVID-19 related activities shall qualify as CSR expenditure? Ministry vide general circular No. 10/2020 dated 23rd March, 2020 has clarified that spending CSR funds for COVID-19 related activities shall qualify .....

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..... is a moral obligation of the employers, as they have no alternative source of employment or livelihood during this period. Thus, payment of salary/ wages to employees and workers during the lockdown period (including imposition of other social distancing requirements) shall not qualify as admissible CSR expenditure. 6. Whether payment of wages made to casual /daily wage workers during the lockd .....

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