Ministry of Corporate Affairs (“MCA”) vide notification dated 24 August 2020 has amended item (ix) of Schedule VII of the Companies Act, 2013 (the “Act”) to include certain other activities which Companies may undertake in their Corporate Social Responsibility activities.
The Karnataka State Government has formulated a new industrial policy for 2020-2025 and the salient features of New Industrial Policy 2020-25 are as follows: Objectives: To attract investments worth INR 5 Lakh crore. To create employment opportunities for 20 Lakh
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