The Prime Minister’s CARES Fund is now entitled to accept donations under the CSR
The Center has also made it available for contributions from multiple organizations through the PM CARES Fund for Corporate Social Responsibility ( CSR). The Ministry of Corporate Affairs has proposed changes to the Companies Act.
Company Act 2013-Amendment to Schedule VII: effective retrospectively as of 28.03.2020
In Schedule VII, item (viii), after the words "Prime Minister's National Relief Fund", the words "or Prime Minister's Citizen Assistance and Relief in Emergency Situation Fund (PM CARES FUND)" shall be inserted.
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