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Contributions to PM CARES Fund to be considered for CSR activities   May 26, 2020

The Ministry of Corporates has issued a notification dated 26th May 2020 amending Schedule VII of the Companies Act 2013. The amendment reads as under:


"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 Situations Fund (PM CARES Fund)” shall be inserted. "

The amendment has been given retrospective effect and is deemed to have come into force from 28th March 2020.

Text of the Notification is attached   

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