Home Circulars & Notifications MCA Amends Schedule VII Of Companies Act, 2013

MCA Amends Schedule VII Of Companies Act, 2013

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The Ministry of Corporate Affairs (MCA) on Monday has amended the Schedule VII of the Companies Act, 2013 whereby item ix has amended.

It notified the scope of activities which may be included by companies in their Corporate Social Responsibilities (CSR) policies are being increased. Companies may contribute the CSR amount towards R & D projects in the field of Science, Technology, Engineering and Medicine funded by the Central Government or State Government or any agency or PSU of the Central Government or State Government and autonomous bodies established by the Department of Pharmaceuticals and Ministry of AYUSH.

Read Notification:

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