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of <h1>India Allows CSR Funds for COVID-19 Relief Activities, Including Healthcare and Sanitation, Under Companies Act Schedule VII.</h1> The Government of India, through the Ministry of Corporate Affairs, issued a circular clarifying that Corporate Social Responsibility (CSR) funds can be used for COVID-19-related activities. Recognizing the pandemic as a disaster, the circular states that expenditures on healthcare, preventive measures, sanitation, and disaster management related to COVID-19 qualify as eligible CSR activities under Schedule VII of the Companies Act. The circular emphasizes a liberal interpretation of these provisions to facilitate effective utilization of CSR funds in combating the pandemic. This directive has been approved by the competent authority.
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