MCA gives further clarification on CSR contribution to PM Cares Fund



Quick Summary
The Ministry of Corporate Affairs (MCA) has released a new circular, General Circular No. 25/2020, providing further clarification on Corporate Social Responsibility (CSR) contributions to the PM CARES Fund. This clarification follows an amendment to Schedule VII of the Companies Act, 2013, which came into effect on 28th March 2020. Consequently, the previous Office Memorandum dated 28.03.2020 regarding this matter is now considered redundant and has been superseded.

General Circular No. 25 /2020 

F. No. 13/18/2019-CSR 
Government of India 
Ministry of Corporate Affairs 

5th Floor, "A" Wing, Shastri Bhawan 
Dr. Rajendra Prasad Road, New Delhi-110001 
25th June, 2020 

To, 
All Stakeholders 

Subject: Clarification on CSR contribution to PM CARES Fund-reg. 

Ma'am/ Sir, 
In view of the amendment in Schedule VII of the Companies Act, 2013 vide gazette notification no. G.S.R. 313(E) dated 26th May, 2020, deemed to have come into force on 28th March 2020, the Office Memorandum No. CSR-05/1/2020-CSR_MCA dated 28.03.2020 is redundant and hence stands superseded. 

2. This issues with the approval of competent authority. 

Yours faithfully, 
(Shobhit Srivastava) Deputy Director 

Copy to: 

1. E-governance for uploading on website 
2. Guard file 

FAQ :

The circular provides further clarification on Corporate Social Responsibility (CSR) contributions to the PM CARES Fund.

The amendment came into force on 28th March 2020.

The Office Memorandum dated 28.03.2020 is now considered redundant and has been superseded by the new clarification.

The clarification was issued by the Ministry of Corporate Affairs (MCA) of the Government of India.




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