Faq on csr-2 mca
WebMay 18, 2024 · 6. Amendments in implementation of CSR activities. As of 1 April 2024, entities undertaking CSR activities must register with the MCA by filing a CSR-1 Form. A company may involve international organisations to design, monitor and evaluate CSR programmes as per its CSR Policy and to build personnel capacity for corporate social … WebSep 20, 2024 · Ongoing Projects. In accordance with Rule 2 (1) (i), the FAQs have clarified that an ‘ongoing CSR project’ can have a maximum duration of three FYs, excluding the FY in which it was commenced. Further, the MCA has clarified that the duration of an ‘ongoing project’ cannot be extended beyond the maximum permissible time-period.
Faq on csr-2 mca
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WebSep 8, 2024 · In accordance with Rule 2 (1) (i), the FAQs have clarified that an ‘ongoing CSR project’ can have a maximum duration of three FYs, excluding the FY in which it … WebOct 18, 2024 · Rule 4 (1) of the CSR Rules, inter-alia, provides that charitable trusts or societies registered under Sections 12A and 80G of the Income-tax Act, 1961 (‘ IT Act ’) are eligible to work as ...
WebFAQs on New Training Structure as per Company Secretaries (Amendment) Regulations, 2024 to be effective from 03rd February, 2024 ... Request for extension of time period for filing of Form CSR-2. Functioning of MCA-21 … WebOn 10 April 2024, the Ministry of Corporate Affairs (MCA) issued FAQs on CSR related to COVID-19 vide its General Circular No. 15/2024 which helps clarify these concerns regarding the deployment of CSR funds for COVID-19 relief. The FAQs state clearly that contributions made towards the PM CARES fund shall be covered under CSR, while …
WebICSI - Home WebJul 28, 2024 · 9. Suppose a company's net profit is more than 5 crores for fy ending 19-20, then how much time period a company has to spend on CSR? Company have to spent CSR in f.y. 2024-21 for the given question. If profit of 2024-21 came less than 5 crore then no need to comply with provisions in 2024-22. 10.
WebJan 28, 2024 · MCA FAQs on CSR reiterates that “An ongoing project will have ‘commenced’ when the company has either issued the work order pertaining to the …
WebMar 22, 2024 · By Manu Sharma - On March 22, 2024 4:59 pm - 2 mins read. The Institute of Company Secretaries of India (ICSI) has recently requested the Ministry of Corporate Affairs (MCA) to extend the due date for filing Form CSR-2, owing to the issues faced by Company Secretaries due to MCA Portal issues. The communication dated March 21, … how to mow lawn patternsWebNo.OS/19/201S-CSR Government of India Ministry of Corporate Affairs General Circular No. ,01/2016 5th Floor, lA' Wing. Shastri Bhawan, Dr. R. P. Marg New Delhi -110 001 Dated: 12th January, 2016 Subject: -Frequently Asked Questions (FAQs) with regard to Corporate Social Responsibility under section 135 of the Companies Act, 2013. Sir, how to mow stripes with riding mowerWebApr 15, 2024 · On 10.04.2024, the MCA issued yet another General Circular bearing No.15/2024, vide which the MCA clarified its position vis-à-vis various FAQ’s, presumably, put forth by companies which made contributions to State Covid-19 Relief Funds and not to the PM National Relief Fund or PM Cares Fund. [5] The MCA in FAQ 2 has clarified that … how to mow lawn without mowerWebJan 22, 2024 · Subsequently, vide the Frequently Asked Questions on CSR, [2] (‘MCA FAQs’) dated 25 August 2024, the MCA has clarified that corpus contributions to any entity shall not be admissible as CSR expenditure. It is abundantly clear that the intent of the Government through these amendments is to plug the loopholes prevailing in the earlier … how to mow stripes in lawnWebFeb 15, 2024 · Now through this notification ministry introduced the same. 1. Objective. Corporate social responsibility (CSR) is a self-regulating business model that helps a … how to mow your lawn with patternsWebAug 30, 2024 · Some Key insights from FAQs on CSR by MCA are as follows: Applicability: 1) Applicability of CSR provisions are company specific and CSR provisions are not … how to mow with a push mowerWebThe Ministry of Corporate Affairs (MCA) has issued further Clarification on provisions of the Corporate Social Responsibility (CSR) vide a Circular dated 25 th August 2024. The Circular contains clarifications on various issues of CSR in the form of frequently asked questions (FAQs). Because of amendments in Section 135 of the Companies Act ... how to mow with a riding mower