The Ministry of Corporate Affairs vide Notification dated 26th May 2020, of the Companies Act, 2013 has amended Schedule VII of the Companies act Act. The SCHEDULE VII related to Section 135 of the Act provides activities which may be included by companies in their Corporate Social Responsibility Policies.
Contribution to Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM CARES Fund) is inserted to the schedule. This notification shall be deemed to have come into force on 28th March 2020.
Click here to read the Amendment.
