High Level Committee recommends CSR expenditure to be made tax deductible

High Level Committee (HLC) on Corporate Social Responsibility (CSR) constituted by Ministry of Corporate Affairs recommended making CSR expenditure tax deductible and to make compliance violations as a civil offence that attracts penalties. Corporate Affairs Secretary Injeti Srinivas presented the Report of the High Level Committee on CSR to Union Finance Minister Nirmala Sitharaman. High ..

Month: Current Affairs - August, 2019

Category: Economy & Banking Current Affairs

Topics: civil offence • Corporate Social Responsibility • CSR exchange portal • CSR expenditure • High-Level Committee • Report of the High Level Committee on CSR • tax deductible • Union Finance Minister • Union Ministry of Corporate Affairs