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The CAP blog features up to the minute legal and compliance-related developments that would be of interest and even immense value to readers. All legal news and updates are posted here as they happen.
MCA should relax guidelines on in-kind contributions
March 25, 2020
While the Central Government (Ministry of Home Affairs) has recently decided to allow companies to use their mandatory corporate social...
Failed to file Annual (FC-4) Return for FY 2017-18? Compound offence and reapply for registration!
March 24, 2020
Has your association’s registration under FCRA 2010 been cancelled on account of failure to file your Annual Return in online...
Spending CSR funds for COVID-19
March 23, 2020
Companies required to spend funds on CSR activities should consider supporting various activities related to COVID-19 under item numbers (i)...
Potentially hazardous changes proposed under CSR Rules
March 17, 2020
A news item published in the Business Standard today (17th Match 2020) titled: “New draft rules set to clamp down...
Increased compliance proposed under Companies (CSR Policy) Rule 2020
March 14, 2020
Ministry of Corporate Affairs (MCA) has drafted Companies (Corporate Social Responsibility Policy) Amendment Rules, 2020 and public comments are solicited...
CSR & Companies (Second Amendment) Bill, 2019
March 6, 2020
The Union Cabinet chaired by the Prime Minister of India Mr. Modi has approved the Companies (Second Amendment) Bill, 2019...
Brace yourselves for renewing your organisation’s tax-exempt status
February 27, 2020
Between 1st June and 31st August 2020 about 217,000 charitable and religious trusts and institutions will have to apply for...
Spend on CSR activities before 31st March
February 25, 2020
With barely thirty five days left for the Financial Year 2019-20 to end, some companies are in a bit of...
CSR & Related Party Transactions
February 21, 2020
Would it be ‘Related Party Transaction’ if CSR grant is contributed by a company to a charitable institution (CSR Implementing...