Home Circulars & Notifications MCA Issues Clarification On Spending Of CSR Fund For COVID-19 Vaccination

MCA Issues Clarification On Spending Of CSR Fund For COVID-19 Vaccination

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MCA Issues Clarification On Spending Of CSR Fund For COVID-19 Vaccination
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The Ministry of Corporate Affairs (MCA) on Friday has clarified that spending of CSR funds for COVID-19 vaccination for persons other than the employees and their families, is an eligible CSR activity.

As per the Circular, Spending of CSR funds for COVID-19 Vaccination is an eligible CSR activity under item no: (i) of schedule VII of the companies Act 2013 relating to health care including preventive health care and item no xii relating to disaster management.

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