<h1>MCA Amends Schedule III of Companies Act 2013: New Disclosure Rules for Cryptocurrency and CSR Effective April 2021.</h1> The Ministry of Corporate Affairs (MCA) has amended Schedule III of the Companies Act, 2013, effective April 1, 2021, to enhance transparency in financial statement reporting. Companies must now disclose details of cryptocurrency transactions, including profits or losses, currency held, and deposits for trading purposes. Additionally, companies covered under Section 135 must report on Corporate Social Responsibility (CSR) activities, including required and actual expenditure, shortfalls, reasons for shortfalls, and related party transactions. These amendments aim to ensure comprehensive disclosure of financial activities, particularly in emerging areas like cryptocurrency and CSR.