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of <h1>Clarifications on COVID-19 CSR: PM CARES Fund Qualifies, Chief Minister's Relief Does Not; Employee Salaries Excluded.</h1> The Ministry of Corporate Affairs issued clarifications on Corporate Social Responsibility (CSR) expenditure related to COVID-19. Contributions to the 'PM CARES Fund' and State Disaster Management Authority qualify as CSR expenditures, while contributions to 'Chief Minister's Relief Funds' or 'State Relief Fund for COVID-19' do not. Spending on COVID-19 activities is considered CSR, focusing on health care and disaster management. Payments of salaries or wages to employees, including during lockdown, are not CSR expenditures. However, ex-gratia payments to temporary or daily wage workers for COVID-19 purposes may qualify as CSR, subject to board declaration and auditor certification.
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