Government widens scope of CSR spend to include R&D https://ift.tt/34UZwBT

In a boost to science and technology research and to the country’s startups, the finance minister on Friday expanded the list of activities allowed under the mandatory 2% Corporate Social Responsibility (CSR) spends. Firms wishing to support research and innovation can now use their 2% CSR corpus to back any central or state government-funded incubators or those by any agency or central and state PSUs.
Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News
https://ift.tt/30b5UX4