Corporate social responsibility contributions may include payments to sanitation and river rejuvenation funds after Schedule VII amendment. The amendment to Schedule VII of the Companies Act, 2013 expressly permits CSR expenditures on sanitation to include contributions to the Swachh Bharat Kosh and permits CSR expenditures on water to include contributions to the Clean Ganga Fund; the change was made under the Central Government's powers and takes effect upon publication in the Official Gazette.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Corporate social responsibility contributions may include payments to sanitation and river rejuvenation funds after Schedule VII amendment.
The amendment to Schedule VII of the Companies Act, 2013 expressly permits CSR expenditures on sanitation to include contributions to the Swachh Bharat Kosh and permits CSR expenditures on water to include contributions to the Clean Ganga Fund; the change was made under the Central Government's powers and takes effect upon publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
