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March 23, 2020

Company can classify COVID19 Spend as part of CSR

by facelesscompliance in Compliance Law

In view of the spread of novel #CoronaVirus in India, its declaration as pandemic by the WHO, and decision of Government of India to treat this as notified disaster, it is hereby clarified that spending of CSR funds for COVID-19 is eligible CSR activity as per Company Act

Following is the Notification Copy

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