Applicability of CSR Act for Utilize Trainees Fees Payment
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....pplicability of CSR Act for Utilize Trainees Fees Payment<br> Query (Issue) Started By: - Pandiyan Perumal Dated:- 14-11-2019 Last Reply Date:- 27-5-2020 Corporate Laws / SEBI / LLP<br>Got 1 Reply<br>Companies Law<br>Dear Experts, We are making payments to trainees like stifund and they are all not included in our payroll. So please guide me, shall we treat those expenses as CSR expenses. Reply ....
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....By YAGAY andSUN: The Reply: Section 135 is relevant for Corporate Social Responsibility. List of Permitted Activities To Be included in accordance with Schedule VII of the Companies Act, 2013 The Board shall ensure that the activities included by a company in its CSR Policy fall within the purview of the activities included is schedule VII. Some activities are specified in Schedule VII as the a....
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....ctivities which may be included by companies in their Corporate Social Responsibility Policies. These activities are related to : Sr.No CSR Activities 1 abolishing poverty, malnourishment and hunger, improvising health care which includes preventive health care and sanitation and making available safe drinking water 2 improvement in education which includes special education and employment s....
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....trengthening vocation skills among children, women, elderly and the differently abled and livelihood enhancement projects 3 improving gender equality, setting up homes and hostels for women and orphans 4 introducing the measures for reducing inequalities faced by socially and economically backward groups 5 Safeguarding environmental sustainability, ecological balance, protection of flora and....
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.... fauna, animal welfare, agroforestry, conservation of natural resources and maintaining a quality of soil, air and water which also includes a contribution for rejuvenation of river Ganga 6 protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up public libraries; promotion and development of traditional a....
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....rts and handicrafts 7 areas for the advantage of skilled armed forces, war widows and their dependents 8 training to stimulate rural sports, nationally recognized sports, Paralympic sports and Olympic sports 9 contribution to the Prime Minister's National Relief Fund or any other fund set up by the Central Government for socio-economic development providing relief and welfare of the Schedule....
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....d Castes, the Scheduled and backward classes, minorities and women 10 contributions or funds provided to technology incubators which are approved by the Central Government 11 rural development projects 12 disaster management, including relief, rehabilitation and reconstruction activities 13 slum area development where 'slum area' shall mean any area declared as such by the Central Governme....
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....nt or any State Government or any other competent authority under any law for the time being in force<br> Discussion Forum - Knowledge Sharing ....