Relaxations announced by Finance Ministry

COVID-19: Relaxations announced by Finance Ministry

COVID-19 has caused unprecedented challenges resulting into uncertainty in the economy. On account of COVID-19, Relaxations announced by Finance Ministry of India in context of several important relief measures taken by the Government of India (GOI) This relaxations provides certain relief measures in financial and regulatory compliances for the individuals and Companies to ease the compliance burden and avoid legal consequences and penalty. Relaxations announced by Finance Ministry are as below: 1. Relaxation provided to […]

Companies can fulfil CSR obligations by donating to PM CARES: Ministry of Corporate Affairs

Companies can fulfill their corporate social responsibility (CSR) obligations through donations to the newly formed Prime Minister’s Citizen Assistance and Relief in Emergency Situations (PM CARES) Fund, the Ministry of Corporate Affairs clarified on Saturday. The emergency fund was created by Prime Minister Narendra Modi on Saturday after his office received numerous requests from people for donations to support the government in its fight against the impact of Covid-19. “People from all walks of life […]