What is CSR Activity wrt Corona Virus?

The MCA vide General Circular no 15/2020 dated 10th April 2020 has issued the following Clarifications in respect of CSR during COVID 19 pandemic

1. Contributions made to the PM Cares Fund shall qualify as CSR expenditure

2. Contributions made to the Chief Ministers Relief Fund or State Relief Fund shall not qualify as CSR expenditure

3. Contributions made to the State Disaster Management Authority to combat COVID 19 shall qualify as CSR expenditure

4. Expenditure towards COVID 19 related activities including preventive health care and sanitation shall qualify as CSR expenditure

5. Payment of salary, wages to employees and workers including contractual workers during lockdown shall not qualify as CSR expenditure

6. Payment of wages to temporary, casual, daily wage workers during lockdown shall not qualify as CSR expenditure

7. Payment of Ex gratia to temporary or casual or daily wage workers during lockdown shall qualify as CSR expenditure.]

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