Whether the activity a company is required to do as per statutory obligation under any law, would be termed as CSR activity?

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No, the activity undertaken in pursuance of any law would not be considered as CSR activity. In this regard, please refer to the Ministry of Corporate Affairs Circular No. 21/2014 dated June 18, 2014 where it is clarified that expenses incurred by companies for the fulfilment of any Act/ Statute of regulations (such as Labour… Read more »