CSR exchange portal: Current Affairs, GK & News - 2020-2021

High Level Committee recommends CSR expenditure to be made tax deductible

Published: August 14, 2019

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 ..