Monthly Archives: March 2020

Last date for posting comments on Draft CSR Rules approaching fast

Posted on March 26, 2020 by SRRF

As the last date for submitting response in regards to the proposed changes in “CSR Rules” is approaching fast (28th March 2020), It is requested please do post your comment at the earliest. SRRF has posted comment on MCA portal. … Continue reading →

Posted in CSR / SSE | 14 Comments

CSR funds can be spent on COVID-19

Posted on March 24, 2020 by SRRF

Ministry of Corporate Affairs has clarified vide it’s General Circular No. 10/2020, dated 23.02.2020;  that spending of CSR Funds by companies for various activities related to COVID-19 under Schedule VII of companies Act 2013 is an eligible CSR activity. (Click … Continue reading →

Posted in CSR / SSE | Comments Off on CSR funds can be spent on COVID-19

Proposed Changes in CSR Rules

Posted on March 19, 2020 by SRRF

A detailed note has been prepared on proposed changes in CSR Rules, highliting all the changes you may go through the same. You may read it here. Considering Trusts and Societies are no longer allowed to receive CSR Funds, it … Continue reading →

Posted in CSR / SSE | 4 Comments

Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds

Posted on March 17, 2020 by SRRF

Changes in CSR effectively rule out ‘Societies’ & ‘Trusts’ from accessing CSR funds Another blow to the Non-Profit Sector by the Govt. Ministry of Corporate Affairs has brought out draft rules for changes in CSR rules. The proposed rules now … Continue reading →

Posted in CSR / SSE | 15 Comments

En masse Inspections by Govt

Posted on March 17, 2020 by SRRF

En masse Inspections by Govt Further to our last post on this subject (http://blog.srr-foundation.org/?p=3860), it is now clear that FCRA Dept has issued notices en masse to a large number of NPOs, with large amount of funds under FCRA. These … Continue reading →

Posted in FCRA, TAX, LEGAL | 1 Comment

Notices under S.23 of FCRA Act

Posted on March 4, 2020 by SRRF

Notices under S.23 of FCRA Act. 2010 It has come to our knowledge that currently several International NGOs are receiving notices from FCRA Department for various reasons including inspection under S.23 of FCRA Act 2010. This seems to be first … Continue reading →

Posted in FCRA, TAX, LEGAL | 3 Comments