The Ministry of Corporate Affairs, on 22nd January 2021, updated the Companies Corporate Social Responsibility Rules. These CSR law amendments bring several significant changes to the national CSR policy including an increased focus on impact assessment, decriminalisation of non-compliance, greater inclusion of international organizations, and provisions altering the guidelines for management of excess funds and surplus expenditures. 

Here are the answers to some frequently asked questions (FAQ) about the CSR Amendment Rules 2021:

What activities qualify as CSR activities?

According to the latest amendment, the following expenditure will now be included in the list of CSR activities:

1. Research & development of new vaccines, medication, and medical devices related to COVID-19 in the firm